#badada-1

Premier Oil withdraws from Kenya’s Block 2B

Kenya’s block 2B operator Taipan Resources has announced that its majority partner Premier Oil with 55% interest has exercised their right to withdraw from the license effective April 30th 2015.

Following the withdrawal of Premier Oil the working interests for Taipan through its Kenya-based subsidiary Lion Petroleum and Tower Resources plc in the Block will be adjusted on a pro-rata basis (Lion…

Badada-1 Well Drilling Update in Block-2B, onshore Kenya

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Taipan Resources through its Kenya-based subsidiary Lion Petroleum in its new update drilling operations for the Badada-1 well Block-2B, onshore Kenya have reached to a total depth of 1,647 metres.

A 13 3/8- inch casing has been successfully run to 1,644 metres MDBRT and cemented in the 17 1/2-inch hole and the well is currently preparing to drill ahead with the 12 1/4 -inch…

Drilling of Badada-1 well in Kenya’s Block 2B begins

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Block 2B operator Taipan Resources through its subsidiary Lion Petroleum has announced that the GW-190 rig has spudded Badada-1 well with the well planned to be drilled to a total depth f between 3000 and 4000 meters.

The well which will take 70 days to complete will test tertiary age reservoirs similar to those in Block 10BB, 13T in the Lokichar basin where Tullow and its…

Badada-1 well likely to delay as court injunction halts operations in Kenya’s Block 2B

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Taipan Resources  has announced that the Company’s wholly-owned Kenya-based subsidiary, Lion Petroleum Inc. has received a formal notice from the High Court of Kenya of a temporary injunction preventing the Company from working on the Badada-1 well site in Block 2B, north east Kenya.

Adjoined to Lion in the lawsuit as co-respondents are the Kenyan Cabinet Secretary, Ministry…

Greatwall Drilling Company to drill the Badada Prospect in Kenya Block-2B

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Taipan Resources Inc. the operator in block 2B has announced the signing of a Letter of Intent with the Greatwall Drilling Company of China to contract the GW-190 land rig for the planned Badada-1 well (where Tower Resources has 15% working interest) onshore Block-2B, Kenya.

The Badada-1 well is expected to spud between mid-December 2014 and mid-January 2015 and is expected…

Tower Resources more hopeful of oil find rather than gas in Kenya’s Block 2B

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Tower Resources is more hopeful of an oil find unlike a gas find in Kenya;s block 2B Badada-1 well exploration well according to a recent report by the company.

In the report Tower Resources  says the Badada-1 well is planned to be drilled to a total depth of 3,500 metres and which is expected to spudat the end of 2014/early 2015 targets target Tertiary or late Cretaceous…

Badada-1 well set to spud in late 2014/early 2015

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Tower resources has announced that following the completion of the farm in to block 2B it is now readying to drill the badada-1 well which is  50km to the south of Sala-1 which has already returned successful results in block 9in late 2014/early 2013..

The badada-1 well will serve as a new source of hope for Tower Resources after the Namibia drilling programme which has being…

Simba Energy reopens discussions with interested parties in Kenya’s block 2A

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Canadian explorer Simba Energy has reported that following positive results of the Company’s most recent FTG (Full Tensor Gradiometry) survey and final report by Bell Geospace, the Company has reopened its data room and, with the assistance of Ernst & Young’s Corporate Finance Oil & Gas division in London, has resumed discussions with numerous parties interested in…