Africa Oil Discovers More Oil Near Ngamia 1

Africa Oil Corporation has announced that it has found additional Oil in Turkana region, near the well where Tullow Oil struck Oil in March this year. In a statement released by the company Chief Executive and president Keith Hill today, they have found an additional 43 meters of Oil.

"The Ngamia-1 wildcat well in Kenya Block 10BB has now been drilled to a total depth of 2,340 meters, has made a significant light oil discovery and is now being suspended for future flow testing.  In addition to the greater than  100 meters of net light oil pay in the Upper Lokhone Sand section previously reported, the well encountered an additional 43 meters of potential oil pay based on logs and the recovery of light oil on an MDT sample over a gross interval of 150 meters." The statement reads.

According to the statement , testing equipment including downhole pumps is being mobilized and the intention is to flow test a number of the zones in the Upper and Lower Lokhone Sands in the near future to confirm the full potential of this discovery.

"The Ngamia discovery has been an amazing start to our East African drilling campaign.  The large number of leads and prospects developed to date shows the major upside potential of these basins have now been de-risked by the success at Ngamia.  We look forward to several more high impact wells this year as we accelerate the exploration of these highly prospective trends." Keith Hill said.

We will be following the story to keep you updated on the developments.

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