Exploration in Kenya’s Block 2B Paralyzed After Row With Local Community

Oil exploration in Wajir has been paralyzed for about a week after equipment being utilized in the ongoing 2D seismic acquisition was vandalized as the local community blamed Simba Energy of not honoring the MoU.

According to the company country managing director James Jenkin members of the local committee have incited the community misleading them on the effect of the ongoing seismic exercise.

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SLS Block 2 - Advanced Solids by okan170

Tower Resources shuts its East Africa Office

Tower Resources has closed its East Africa regional office in Uganda from where it has been coordinating activities on its licenses in South Africa, Zambia, Kenya and SADR (Western Sahara).

This follows new cost reduction measures being undertaken by the company that have also seen the relocation of Tower’s corporate office as the company tries to keep its near-term commitments are low, and aims…

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…

Future drilling in Kenya’s block 2B unlikely without a farm-out

Following the disappointment at the Badada-1 well in Block 2B in February the joint venture partners led by Tower Resources who says it expects no significant expenditure in 2015 with any extra drilling likely to require a farm-out.

Tower Resources says it has already met all the financial commitments having paid $3 million of the on the budgeted US$25.8 million gross well cost. The partners also…

Taipan Resources hits dry hole in Kenya’s Badada-1 well in Block 2B

Kenya-based subsidiary of Taipan Resources Inc that the Badada-1 well has been drilled to a total depth of 3,500 metres MDBRT (Measured Depth Below the Rotary Table) and following completion of logging operations will be plugged and abandoned as a dry hole.

The well encountered a thick and previously untested Neogene age succession in the Anza Basin, of similar age to that encountered in the…

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…

Badada-1 Well Drilling Update in Kenya’s Block 2B

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Taipan Resources through its Kenya-based subsidiary Lion Petroleum has provided the following update on drilling operations for the Badada-1 well, Block-2B, onshore Kenya.

The Badada-1 well commenced drilling operations at 14:00 GMT on 7 January 2015 and has been drilled to a total depth of 918 metres MDBRT (Measured Depth Below the Rotary Table) intersecting a Neogene…