Essel, Simba to Acquire New Rig to Drill Kenya’s Block 2A

Essel Group Middle East a joint venture partner in Kenya’s Block 2A has announced it has entered into a definitive agreement to acquire a new skid mounted drilling rig as it prepares to drill in the license in Q4 2016.

Essel Group says that DNV GL, the world-leading classification society and risk management Company, has been appointed as a third party observer to oversee the purchase and the delivery of the AC-VFD drilling rig.

The acquisition comes even as work is well underway on the 2D seismic survey a testing that will cover an area of approximately 535km.

Roughly 400km has already been cleared in preparation for shooting which is underway as well and survey production has been completed on over half of the testing area.

The survey is being carried out by AGS Oilfield Services Ltd and it will identify and evaluate areas with hydrocarbon potential in Block 2A. The two specific aims for the seismic survey are to pinpoint the optimum locations for drilling and to estimate depths and volumes for primary and secondary drilling targets.

The work on the seismic survey and the acquisition of a drilling rig is further evidence of the progress being made in developing our portfolio of oil and gas assets. The testing is ongoing and we remain extremely confident in the prospects for Block 2A. We look forward to working with DNV GL on bringing the rig into operation, ” says Chairman of Simba Energy and Managing Director of EGME Gagan Goel.

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