This news is classified in: Traditional Energy Oil and Gas
Mar 16, 2016
Africa Oil Corp. is pleased to announce that the Cheptuket-1 well in Block 12A, Northern Kenya, has encountered good oil shows, seen in cuttings and rotary sidewall cores, across a large interval of over 700 metres. Cheptuket-1 is the first well to test the Kerio Valley Basin and was drilled by the PR Marriott Rig-46 to a final depth of 3,083 metres.
The objective of the well was to establish a working petroleum system and test a structural closure in the south-western part of the basin. The strong oil shows encountered in Cheptuket-1 indicates the presence of an active petroleum system with significant oil generation and represents the most significant well result to date in Kenya outside the South Lokichar basin. Post-well analysis is in progress ahead of defining the future exploration program in the basin.
The PR Marriott Rig-46 will now be demobilised. On the back of the encouraging Cheptuket-1 and successful Etom-2 results further exploration activities are being evaluated.
Africa Oil hold a 20% interest in Block 12A with Tullow, as operator, holding 40%. Delonex Energy holds the remaining 40% interest.
