Pancontinental Oil & Gas NL completed the Nanaa 3D seismic survey in area L8 offshore Kenya.
Pancontinental believes that it has identified an oil-prone “sweet spot” offshore Kenya and this will first be tested by drilling planned before third quarter 2012, on the Mbawa prospect in L8. Mbawa has potential to contain more than 6.9 billion barrels of oil.
The survey covers the large Nanaa and Kozi leads at levels from the Tertiary to the Jurassic, as well as the large Bundi and Tai prospects in the Cretaceous to the upper Jurassic.
Data processing and interpretation are expected to be completed by the end of 2012.
Conducted by operator Apache Corp. on behalf of the L8 joint venture, the survey covers approximately 1,400 sq km southeast of the L8 area.
The Kenya L8 consortium consists of: the Apache Corp., operator, 50%; Origin Energy Ltd., 20%; Pancontinental Oil & Gas NL, 15%; and Tullow Kenya B.V., 15%.
http://www.epmag.com/Exp...ey-Offshore-Kenya_97996
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