Tower resources has announced that following the completion of the farm in to block 2B it is now readying to drill the badada-1 well which is\u00a0 50km to the south of Sala-1 which has already returned successful results in block 9in late 2014\/early 2013..<\/p>\n
The badada-1 well will serve as a new source of hope for Tower Resources after the Namibia drilling programme which has being a disappointment for the company.<\/p>\n
\u201cDespite the Namibia drilling programme being a disappointment for us, our near term drilling in Kenya is evidence of the prudent early steps which were taken to turn Tower into a pan-African explorer with a broadening portfolio of high-impact exploration opportunities,\u201d Tower Resources said in a statement.<\/p>\n
Badada-1 is also to the west of Bhogal-1 which reported 91 metres of gas pay in Lower Cretaceous reservoirs, and is being further evaluated by Africa Oil and Marathon Oil.<\/p>\n
According to Tower Resources Badada-1 which is the first, potential play-opening well in Block 2B will target gross mean unrisked prospective resources of 251mmboe in a Tertiary sequence analogous to the Tertiary discoveries in Block 10BB and 13T of the Lockichar Basin.<\/p>\n
In total 19 leads with an estimated mean gross unrisked prospective resources of 1,593mmboe have been identified on Block 2B (Sproule International Limited, February 2014).<\/p>\n
Tower Resources holds a 15% interest in Block 2B, in the Anza Basin while Lion Petroleum Corp., a wholly owned subsidiary of Taipan Resources holds 45% of the license. Premier Oil is the last partner on the block and holds 55% of the license.<\/p>\n","protected":false},"excerpt":{"rendered":"