In 2011, Tullow's E&A drilling activity was focussed on Uganda where 8 out of 9 wells successfully encountered hydrocarbons. By the end of 2012 more than 50 wells had been drilled in Uganda with only 5 unsuccessful. Tullow is now leveraging the knowledge it has gained in Uganda and is applying that to the further Rift Basins in East Africa where it has acquired operated acreage in onshore Kenya and Ethiopia. The first basin opening wells in 2012, Ngamia-1 and Twiga South-1, successfully encountered oil opening up the South Lokichar Basin in Northern Kenya. Further discoveries, appraisal and testing to-date has resulted in a Pmean discovered resource of over 600 mmbo.
Significant seismic activity is taking place across both Kenya and Ethiopia with a major programme of E&A wells in progress.
In Namibia, Tullow has been increasing its exploration acreage with new licences acquired in 2013 and 2014 at PEL 0037 and PEL 0030. In 2014, following a number of exploration wells offshore Mozambique, a decision was made to exit the country.
With over 120 leads and prospects across multiple basins there is significant prospectivity and follow-up potential in this pioneering campaign that has the potential to open up a significant new oil province in East Africa.
2D seismic acquired, processed & interpreted - further seismic being shot in 2014 with Berenty well planned to spud H1 2015.
*- Tullow has agreed to farm-out 35% to OMV, subject to various approvals being obtained.