#block l10a

[oilnewskenya]

Ophir Energy Relinquishes Kenya’s Block L9

Ophir Energy Relinquishes Kenya’s Block L9

Kenya’s Block L9 operator has relinquished its interest in the Lamu basin license according to its JV partner Australia’s FAR Ltd.

“During the quarter, Ophir Energy, the Operator of the L9 permit, informed FAR that it had relinquished the L9 permit.”

Located in water depths ranging from 300m to 1,400m block L9 was awarded to Ophir in 2011 and covers an area of 5,100km2. To date, only one well has…

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Milio International, Pancontinental Oil and Gas planning 2D seismic Kenya’s onshore Block L6

Milio International, Pancontinental Oil and Gas planning 2D seismic Kenya’s onshore Block L6

Block L6 operator Dubai based Milio International is in the process of planning for the seismic acquisition  and is currently coordinating with local authorities according to JV partner Pancontinental Oil and Gas.

This is part of a farm-out agreement where Milio negotiated entry into the onshore area of block L6 in Kenya to earn a 60% interest in exchange for a 2D seismic programme of not less…

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Pancontinental Oil and Gas withdraws from Kenya’s Block L10B

Pancontinental Oil and Gas withdraws from Kenya’s Block L10B

Australian explorer Pancontinental has served a notice of withdrawal on BG Kenya L10B Limited the only remaining participant and operator of Kenya Licence L10B from the Joint Operating Agreement with BG and from the PSC governing L10B.

Pancontinental holds a 25% interest in L10B, while BG holds 75%. Licence area L10B lies immediately to the south of area L10A, in which a joint venture also…

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Shell set to make a major comeback in East Africa with acquisition of BG Group

Shell set to make a major comeback in East Africa with acquisition of BG Group

The announced offer of  acquisition of the BG Group by Royal Dutch Shell in a deal expected to be in excess of $50 billion could several blocks offshore East Africa fall on Shell’s hands including the Gas rich operated Block 1 and 4 in Tanzania as well as Kenya’s block  L10A and L10B.

The Combination will result in BG Shareholders owning approximately 19% of the Combined Group with BG Group…

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Kenya’s first offshore discovery misses commercial threshold

Kenya’s first offshore discovery misses commercial threshold

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The sunbird-1 well in Kenya’s offshore block L10A that which showed oil and gas samples did not register enough reserves to constitute a commercial discovery according to PTTEP one of the companies with interest on the block.

According to the company’s latest operating results PTTEP expects to write off this well in the third quarter of 2014.

According to Pancontinental that…

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Pancontinental considering drilling second well in Kenya's block L10

Pancontinental considering drilling second well in Kenya’s block L10

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Australian explorer Pancontinental oil and gas has announced it is considering drilling a second well in the Kenyan block L10A where BG Group is the operator.

The new well follows  the ongoing mapping of 3D data at the block where the Sunbird-1 discovery intersected a gross 29.6m gas column overlying a gross 14m oil column in the Sunbird Reef making it the Kenya’s first…

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Kenya confirms first oil deposits offshore

Kenya confirms first oil deposits offshore

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Pancontinental Oil and Gas has announced that after lengthy analysis, it has been verified that the recently completed Sunbird-1 well off the southern Kenyan coast has intersected an oil column – the first-ever oil discovered off the East African coast.

The gross oil column is assessed to be 14m thick beneath a gross gas column of 29.6m in a reefal limestone reservoir in the…

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Exploration in Kenya’s Block L10A to continue as Sunbird-1 analysis continue

Exploration in Kenya’s Block L10A to continue as Sunbird-1 analysis continue

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JV partner Pancontinental Oil and Gas has advised that the BG Group-operated Sunbird-1 well off the southern Kenyan coast has been completed and the well has intersected a hydrocarbon-bearing zone in the top of the Sunbird Miocene Pinnacle Reef.

Analysis of the zone itself and recovered hydrocarbon samples are continuing. Analysis of the wireline log data and the fluid…

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