In June 2016, Tullow announced that it has extended its East African acreage through the award of Production Exploration Licence 28, onshore Zambia. Tullow is currently operator with 100% interest.
The 53,200 sq km block gives Tullow access to three unexplored tertiary rift basins and includes the Zambian parts of Lake Mweru, Lake Mweru Wantipa and Lake Tanganyika, This new acreage builds on Tullow’s low-cost, core Tertiary rift basin plays in East Africa.
Exploration & Appraisal
Within the first two years of the licence, Tullow plans to complete initial geological studies, acquire a FTG survey and collect passive seismic data. If the results are positive the Group will then carry out the acquisition of 2D Seismic over the block.