Kenya: South Lokichar drilling to resume in Q4

Tullow Oil and its partners plan to resume exploration in the South Lokichar Basin in Q4 with an initial four-well programme. The previous phase of exploration and appraisal that concluded in H1 this year led to reserves being upgraded to 750m barrels, and Tullow said “significant upside remains across the South Lokichar Basin with the potential to increase the resource estimate to around 1bn barrels of oil”. The initial four-well programme may be extended by a further four wells.