{"id":1875,"date":"2014-10-07T10:30:32","date_gmt":"2014-10-07T09:30:32","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=1875"},"modified":"2015-09-07T13:33:03","modified_gmt":"2015-09-07T13:33:03","slug":"tower-resources-more-hopeful-of-oil-find-rather-than-gas-in-kenyas-block-2b","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/tower-resources-more-hopeful-of-oil-find-rather-than-gas-in-kenyas-block-2b\/","title":{"rendered":"Tower Resources more hopeful of oil find rather than gas in Kenya\u2019s Block 2B"},"content":{"rendered":"

Tower Resources is more hopeful of an oil find unlike a gas find in Kenya;s block 2B Badada-1 well exploration well according to a recent report by the company.<\/p>\n

In the report Tower Resources\u00a0 says the Badada-1 well is planned to be drilled to a total depth of 3,500 metres and which is expected to spud<\/a> at the end of 2014\/early 2015 targets target Tertiary or late Cretaceous source rocks mature for oil \u00a0rather than gas.<\/p>\n

This would make the rock structure more similar to those in the Lokichar basin where Africa Oil and Tullow have already successfully discovered oil rather than the structure in Block 9 where Africa Oil and Marathon Oil recently discovered gas at the Sala-1 well located just 60 kilometers from the Badada-1 well.<\/p>\n

Tower also confirms that its own own prospect mapping confirmed a range of resource estimates<\/a> straddling the figures that the Operator (Lion Petroleum Corporation a wholly owned subsidiary of Taipan Resources) has previously published of 1,593mmboe based on 19 exploration leads on Block 2B.<\/p>\n

To this end the company is targeting gross mean unrisked prospective resources of 251mmboe according to figures Sproule International Limited in February 2014.<\/p>\n

Currently the report says the operator, Lion Petroleum Corp, is currently reviewing rig options and ordering long lead items, with expected gross well costs of US$20 to US$25 million.<\/p>\n

Taipan Resources through its subsidiary Lion Petroleum holds a 30% interest and is the operator of the licence, Tower Resources holds 15% interest while the remainder is held by Premier Oil, which farmed in for a 55% interest in December 2013. Tower\u2019s farm-in<\/a> was completed on 3 June 2014.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tower Resources is more hopeful of an oil find unlike a gas find in Kenya;s block 2B Badada-1 well exploration well according to a recent report by the company. In … Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":1725,"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":[70,166,212,274,288,1252,1418,1445,1499,2071,2227,2396,2458,2541,2571],"class_list":["post-1875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-africa-oil","tag-anza-basin","tag-badada-1","tag-block-2b","tag-block-9","tag-kenya","tag-lion-petroleum","tag-lokichar-basin","tag-marathon-oil","tag-premier-oil","tag-sala-1","tag-sproule-international-limited","tag-taipan-resources","tag-tower-resources","tag-tullow-oil","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/badada-1.jpg?fit=238%2C212&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-uf","jetpack-related-posts":[{"id":2585,"url":"https:\/\/www.oilnewskenya.com\/index.php\/taipan-resources-hits-dry-hole-kenyas-badada-1-well-block-2b\/","url_meta":{"origin":1875,"position":0},"title":"Taipan Resources hits dry hole in Kenya\u2019s Badada-1 well","author":"","date":"February 23, 2015","format":false,"excerpt":"Taipan Resources Inc Kenya-based subsidiary Lion Petroleum has announced that the Badada-1 well has been drilled to a total depth of 3,500 metres MDBRT (Measured Depth Below the Rotary Table) and following completion of logging operations will be plugged and abandoned as a dry hole. The well encountered a thick\u2026","rel":"","context":"In "Top News"","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\/badada-1.jpg?fit=238%2C212&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1891,"url":"https:\/\/www.oilnewskenya.com\/index.php\/greatwall-drilling-company-to-drill-the-badada-prospect-in-kenya-block-2b\/","url_meta":{"origin":1875,"position":1},"title":"Greatwall Drilling Company to drill the Badada Prospect in Kenya Block-2B","author":"Samuel Kamau Mbote","date":"October 9, 2014","format":false,"excerpt":"Taipan Resources Inc. the operator in block 2B has announced the signing of a Letter of Intent with the Greatwall Drilling Company of China to contract the GW-190 land rig for the planned Badada-1 well (where Tower Resources has 15% working interest) onshore Block-2B, Kenya. The Badada-1 well is expected\u2026","rel":"","context":"In "Top News"","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\/06\/block-2b.jpg?fit=750%2C668&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-2b.jpg?fit=750%2C668&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-2b.jpg?fit=750%2C668&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-2b.jpg?fit=750%2C668&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":2165,"url":"https:\/\/www.oilnewskenya.com\/index.php\/taipan-resources-awards-drilling-contracts-for-badada-1-well-in-kenyas-block-2b\/","url_meta":{"origin":1875,"position":2},"title":"Taipan Resources awards drilling contracts for Badada-1 well in Kenya\u2019s Block 2B","author":"Samuel Kamau Mbote","date":"December 12, 2014","format":false,"excerpt":"Block operator in Block 2B Taipan Resources has announced that together with other joint-venture partners, have executed a contract with Greatwall for the GW-190 land rig and have also contracted Aberdeen-based Norwell Engineering to manage the drilling operations of the Badada-1 well. The GW-190 land rig recently completed the drilling\u2026","rel":"","context":"In "Top News"","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\/06\/block-2b.jpg?fit=750%2C668&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-2b.jpg?fit=750%2C668&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-2b.jpg?fit=750%2C668&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-2b.jpg?fit=750%2C668&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":2254,"url":"https:\/\/www.oilnewskenya.com\/index.php\/drilling-of-badada-1-well-in-kenyas-block-2b-begins\/","url_meta":{"origin":1875,"position":3},"title":"Drilling of Badada-1 well in Kenya’s Block 2B begins","author":"Samuel Kamau Mbote","date":"January 8, 2015","format":false,"excerpt":"Block 2B operator Taipan Resources through its subsidiary Lion Petroleum has announced that the GW-190 rig has spudded Badada-1 well with the well planned to be drilled to a total depth f between 3000 and 4000 meters. The well which will take 70 days to complete will test tertiary age\u2026","rel":"","context":"In "Top News"","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\/taipan-badada-1-well1.jpg?fit=576%2C1024&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/taipan-badada-1-well1.jpg?fit=576%2C1024&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/01\/taipan-badada-1-well1.jpg?fit=576%2C1024&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":1723,"url":"https:\/\/www.oilnewskenya.com\/index.php\/badada-1-well-set-to-spud-in-late-2014early-2015\/","url_meta":{"origin":1875,"position":4},"title":"Badada-1 well set to spud in late 2014\/early 2015","author":"Samuel Kamau Mbote","date":"September 4, 2014","format":false,"excerpt":"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.. The badada-1 well will serve as\u2026","rel":"","context":"In "Top News"","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\/badada-1.jpg?fit=238%2C212&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2243,"url":"https:\/\/www.oilnewskenya.com\/index.php\/what-to-look-out-for-in-kenyas-oil-and-gas-sector-in-january-2015\/","url_meta":{"origin":1875,"position":5},"title":"What to look out for in Kenya\u2019s oil and gas sector in January 2015","author":"Samuel Kamau Mbote","date":"January 5, 2015","format":false,"excerpt":"2015 continues to look promising for the oil and gas sector in Kenya with various planned projects expected to continue while new companies will begin work in the various acreages. In our radar this January is the planned Badada-1 well in Block 9 located in the Anza basin which is\u2026","rel":"","context":"In "Top News"","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\/02\/bgp-kenya_01.jpg?fit=300%2C225&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\/1875","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=1875"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/1875\/revisions"}],"predecessor-version":[{"id":3580,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/1875\/revisions\/3580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/1725"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=1875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=1875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=1875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}