Monday, September 10 08:26:42
Exploration firm Tullow Oil has found gas at its well off the coast of Kenya. The company said its Mbawa-1 exploration well in the L8 licence area, offshore Kenya, has encountered 52 metres of net gas pay. The well will now be drilled to 3,275m.
Tullow has a 15 per cent share in the Block L8 licence, with operator pache taking a 50 per cent share, Origin Energy with 20 per cent and Pancontinental 15 per cent.
"A gas discovery on prognosis in the shallowest objective at Mbawa-1 is an encouraging start to our East African Transform Margin exploration campaign," exploration director Angus McCoss said. "This is the first hydrocarbon discovery offshore Kenya. The on-going drilling remains on course to test for any deeper oil potential within this gas prone region."