Tullow upgrades estimates on Kenya oil wells

Irish-founded exploration firm Tullow Oil has moved a step closer to commercialisation in Kenya—long since tipped as being the next major African territory for the company.

In its half-year trading update, Tullow yesterday said it has significantly upgraded its resource estimates for its assets in Kenya’s South Lokichar Basin.

It comes following better- than-expected flow rates from tests at the Ngamia and Twiga-South wells.