Tullow well expands confirmed Ugandan reserves

Tullow Oil has today confirmed further reserves in their Kasamene block in Uganda and have also the discovered oil in the adjacent Wahrindi block following a drilling campaign in the Lake Albert Region of the country.

Tullow Oil has today confirmed further reserves in their Kasamene block in Uganda and have also the discovered oil in the adjacent Wahrindi block following a drilling campaign in the Lake Albert Region of the country.

The Irish-founded company has added to its campaign in Uganda with further reserves logged in this latest discovery.

Drilling uncovered 10 metres of oil pay within a 35-metre thick reservoir section of the Kasamene field, and the company said pressure data confirmed the latest pay was in communication with the earlier drilled Kasamene-1 well, extending the column height of these reservoirs to more than 100 metres.

Tullow is in the process of bringing on board Total and CNOOC as partners in its Ugandan acreage. Confirmation of this is expected in the next six to eight weeks. Following this sale, Tullow will retain 33% of its current license areas in Uganda.

Welcoming the new discoveries, Tullow Exploration Director Angus McCoss said: "These Kasamene and Wahrindi North exploratory appraisal results have successfully delineated the upside potential in this immediate area.

"This takes us a significant step towards first oil in Uganda, which is expected from the Kasamene field in 2011.

"We continue to work closely with the government of Uganda on plans for accelerating our exploration and appraisal activities in the region and look forward to commencing a multi-well programme with a second rig in Block 1 next month."

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