{"id":1446,"date":"2014-07-14T15:46:10","date_gmt":"2014-07-14T12:46:10","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=1446"},"modified":"2015-09-09T09:27:57","modified_gmt":"2015-09-09T09:27:57","slug":"jacka-resources-planning-farm-out-in-tanzania-ahead-of-seismic-in-2015","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/jacka-resources-planning-farm-out-in-tanzania-ahead-of-seismic-in-2015\/","title":{"rendered":"Jacka Resources planning farm-out in Tanzania ahead of seismic in 2015"},"content":{"rendered":"<p>Jacka Resources has announced that it will be farming out \u00a0its Ruhuhu block ahead of its planned seismic acquisition in the first half of 2015 according to the company\u2019s latest corporate presentation.<\/p>\n<p>The company is already carrying out early stage exploration on the block with a depth to basement map derived from an airborne magnetic survey showing a rift basin structure.<\/p>\n<p>In the western Ruhuhu hydrocarbons in Lake Nyasa basin sediment samples indicate potential for young charge system while the Intra-Lake Nyasa rift structure demonstrates possible migration pathways toward western and into younger Neogene traps or older Karoo traps.<\/p>\n<p>In the central and eastern side of Ruhuhu the company estimates a multi Tcf potential Coal Seam Gas and Shale Gas play.<\/p>\n<p>The farm-out is part of the new ventures strategy by the company that also includes the acquisition of high potential frontiers.<\/p>\n<p>The company that carried out a <a href=\"http:\/\/ow.ly\/z7PAE\">farm-out<\/a> in the Odewayne block in Somaliland raising a total US$15 million cash also recently carried out a <a href=\"http:\/\/ow.ly\/z7PnM\">board restructuring<\/a> process and has been focusing on cost reduction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jacka Resources has announced that it will be farming out \u00a0its Ruhuhu block ahead of its planned seismic acquisition in the first half of 2015 according to the company\u2019s latest &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/jacka-resources-planning-farm-out-in-tanzania-ahead-of-seismic-in-2015\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":1447,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[482,1192,1369,1801,2161,2201,2291,2356],"class_list":["post-1446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-coal-seam-gas","tag-jacka-resources","tag-lake-nyasa","tag-odewayne-block","tag-rift-basin-structure","tag-ruhuhu","tag-shale-gas","tag-somaliland","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/07\/tanzania-ruhuhu.png?fit=819%2C372&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-nk","jetpack-related-posts":[{"id":1824,"url":"https:\/\/www.oilnewskenya.com\/index.php\/jacka-resources-initiates-tanzanias-ruhuhu-block-farm-out-campaign\/","url_meta":{"origin":1446,"position":0},"title":"Jacka Resources initiates Tanzania\u2019s Ruhuhu Block farm-out campaign","author":"Samuel Kamau Mbote","date":"September 25, 2014","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] Jacka Resources has announced it has initiated a farm-out campaign after being approached by a number of parties interested in the license in its Ruhuhu Block. This continues even as the comprehensive review of the license area\u2019s prospectivity that was recently completed continues. The comprehensive review the company\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/ruhuhu-basin.jpg?fit=666%2C459&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/ruhuhu-basin.jpg?fit=666%2C459&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/ruhuhu-basin.jpg?fit=666%2C459&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":4140,"url":"https:\/\/www.oilnewskenya.com\/index.php\/jacka-resources-considers-relinquishment-of-tanzania-ruhuhu-block\/","url_meta":{"origin":1446,"position":1},"title":"Jacka Resources Considers Relinquishment of Tanzania Ruhuhu Block","author":"","date":"November 30, 2015","format":false,"excerpt":"ASX listed Jacka Resources has said its management is exploring all options including relinquishment as farm-out campaign initiated in September 2014 and which has not seen much interest thus far. Jacka which is currently planning seismic and airborne gravity surveys attributes this to a lack of risk appetite in current\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/ruhuhu-basin.jpg?fit=666%2C459&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/ruhuhu-basin.jpg?fit=666%2C459&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/ruhuhu-basin.jpg?fit=666%2C459&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":2016,"url":"https:\/\/www.oilnewskenya.com\/index.php\/oil-potential-in-tanzanias-ruhuhu-block-placed-at-3-6-boe\/","url_meta":{"origin":1446,"position":2},"title":"Oil Potential in Tanzania\u2019s Ruhuhu Block placed at 3.6 BOE","author":"Samuel Kamau Mbote","date":"November 7, 2014","format":false,"excerpt":"Australian explorer Jacka Resources has said a prospective resource assessment at the Ruhuhu Block has set the highest estimate at 3.6 billion barrels of oil in both convectional and unconventional oil. According to the resource assessment the 3.6BOE\u00a0 include 263 million barrels of oil (MMBO) of conventional neogene oil and\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/ruhuhu-basin.jpg?fit=666%2C459&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/ruhuhu-basin.jpg?fit=666%2C459&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/ruhuhu-basin.jpg?fit=666%2C459&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":1421,"url":"https:\/\/www.oilnewskenya.com\/index.php\/jacka-resources-executives-to-leave-company-in-q4-2014\/","url_meta":{"origin":1446,"position":3},"title":"Jacka Resources executives to leave company in Q4 2014","author":"Samuel Kamau Mbote","date":"July 10, 2014","format":false,"excerpt":"Jacka resources, a company with core focus is in North Africa, West African Transform Margin and East Africa rift basins has announced that the managing director and the chief financial officer have tendered their resignation effective in September and October respectively. The chief financial officer Richard Aden\u2019s resignation takes effect\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/07\/jacka-resources.jpg?fit=400%2C400&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5340,"url":"https:\/\/www.oilnewskenya.com\/index.php\/jacka-resources-still-considering-withdrawal-from-tanzanias-ruhuhu-block\/","url_meta":{"origin":1446,"position":4},"title":"Jacka Resources Still Considering Withdrawal from Tanzania\u2019s Ruhuhu Block","author":"","date":"October 26, 2016","format":false,"excerpt":"Ruhuhu Basin operator Jacka Resources has said it is considering the negotiated withdrawal of Tanzania\u2019s Ruhuhu Block after an unsuccessful farm-out campaign it initiated in September 2014. This is the second time the company has considered a withdrawal from the license. \u201cThe Company is also seeking a possible withdrawal from\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/ruhuhu-basin.jpg?fit=666%2C459&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/ruhuhu-basin.jpg?fit=666%2C459&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/ruhuhu-basin.jpg?fit=666%2C459&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":6272,"url":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oil-receives-one-year-license-extension-ethiopias-rift-basin-block\/","url_meta":{"origin":1446,"position":5},"title":"Africa Oil Receives One Year License Extension in Ethiopia\u2019s Rift Basin Block","author":"","date":"September 6, 2017","format":false,"excerpt":"Rift Basin Block operator Africa Oil has announced that the Ethiopian Ministry\u00a0of Mines,\u00a0Petroleum\u00a0and Natural Gas has awarded the Canadian company a one year extension to the block license which will now expire in February 2018. The extension is intended to allow the operator time to pursue its drilling options after\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/rift-basin-block-map.png?fit=395%2C243&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/1446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=1446"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/1446\/revisions"}],"predecessor-version":[{"id":3650,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/1446\/revisions\/3650"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/1447"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=1446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=1446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=1446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}