{"id":2571,"date":"2015-02-18T08:50:57","date_gmt":"2015-02-18T08:50:57","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=2571"},"modified":"2015-05-20T13:01:01","modified_gmt":"2015-05-20T13:01:01","slug":"erhc-prepares-1st-drilling-kenyas-block-11a","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/erhc-prepares-1st-drilling-kenyas-block-11a\/","title":{"rendered":"ERHC prepares for 1st drilling in Kenya\u2019s Block 11A"},"content":{"rendered":"

Houston based explorer ERHC has said it is working on securing the requisite drilling rig for its first well in Block 11A even as it continues with studies to determine the location for drilling.<\/p>\n

Already the company that is currently serving its first additional phase<\/a> of exploration team is calculating volumetrics following the completion of 2D seismic<\/a> mapping for identified prospects and leads in the Block, which will help determine the location of the first well.<\/p>\n

In November last year the company announced that ongoing interpretation of 2D seismic data on Kenya Block 11A had revealed the presence of several viable leads<\/a>, some with closures of up to 20 square kilometers.<\/p>\n

Also ongoing is an ongoing Environmental Impact Assessment for the drilling location and developing the well design<\/p>\n

\u201cThe work program is underway with long lead items for well operations already tendered,\u201d ERHC president and chief executive officer Dr. Peter Ntephe.<\/p>\n

Drilling of the first exploration well is expected during the first quarter of 2016, if all conditions precedent are met.<\/p>\n

ERHC currently holds a carried 35 percent interest in Block 11A, which is operated by CEPSA with a 55 percent interest.<\/p>\n

ERHC adds it is also working on a farm-down as the explorer woks on selling stakes in its acreage in order to spread risk and exploration and development cost with Deloitte<\/a> Corporate Finance LLC working as the strategic advisor.<\/p>\n

On surviving the low oil price the explorer says it is working hard to attract new strategic investors who can bring not just significant new funding but also new synergies to revitalize the Company’s business plan.<\/p>\n

\u201dWe believe that current market conditions provide a unique opportunity for a savvy investor interested in African exploration, and oil and gas generally, to acquire a significant stake in ERHC for a price that would have been a bargain just a few months ago,\u201d the statement concludes.<\/p>\n

ERHC holds a 35 percent interest in Block 11A after farming out a 55 percent stake to CEPSA. The Block is situated in northwest Kenya, northwest of the significant Ekales-1, Agete-1, Etuko-1, Ngamia-1 and Twiga South-1 oil discoveries in Blocks 11B and 13T.<\/p>\n

In addition to Kenya Block 11A, ERHC\u2019s oil and gas exploration interests extend across the African continent, including the S\u00e3o Tom\u00e9 and Pr\u00edncipe Exclusive Economic Zone (EEZ), the Republic of Chad and the Nigeria- S\u00e3o Tom\u00e9 and Pr\u00edncipe Joint Development Zone (JDZ).<\/p>\n","protected":false},"excerpt":{"rendered":"

Houston based explorer ERHC has said it is working on securing the requisite drilling rig for its first well in Block 11A even as it continues with studies to determine … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":1455,"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":true,"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":[261,263,266,431,2845,2847,2846,797,871,1252],"class_list":["post-2571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-block-11a","tag-block-11b","tag-block-13t","tag-cepsa","tag-deloitte-corporate-finance","tag-dr-peter-ntephe","tag-environmental-impact-assessment","tag-erhc-energy","tag-farm-down","tag-kenya","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/07\/kenya-block-11a-2.jpg?fit=300%2C258&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-Ft","jetpack-related-posts":[{"id":1579,"url":"https:\/\/www.oilnewskenya.com\/index.php\/erhc-completes-2d-seismic-in-block-11a\/","url_meta":{"origin":2571,"position":0},"title":"ERHC completes 2D seismic in Block 11A","author":"Samuel Kamau Mbote","date":"August 7, 2014","format":false,"excerpt":"ERHC Energy has announced the successful completion of a major 2D seismic acquisition program of Block 11A in the Republic of Kenya. The seismic data was acquired by BGP Kenya Limited over approximately 1,000 line kilometers on behalf of ERHC and its operating partner, CEPSA Kenya Limited (a wholly owned\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\/07\/kenya-block-11a-2.jpg?fit=300%2C258&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2106,"url":"https:\/\/www.oilnewskenya.com\/index.php\/drilling-in-kenyas-block-11a-to-begin-within-12-16-months\/","url_meta":{"origin":2571,"position":1},"title":"Drilling in Kenya\u2019s Block 11A to begin within 12-16 months","author":"Samuel Kamau Mbote","date":"December 2, 2014","format":false,"excerpt":"Block 11A partner Houston based ERHC has announced that together with the block operator CEPSA Kenya Limited (a wholly owned affiliate of Compa\u00f1\u00eda Espa\u00f1ola de Petr\u00f3leos, S.A.U. (CEPSA) it plans to start drilling in Northern Kenya in Q4 2015 earliest having completed a 2D seismic survey and a full tensor\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\/07\/kenya-block-11a-2.jpg?fit=300%2C258&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1454,"url":"https:\/\/www.oilnewskenya.com\/index.php\/block-11a-2d-seismic-results-encouraging-ehrc\/","url_meta":{"origin":2571,"position":2},"title":"Kenya’s Block 11A 2D seismic results encouraging – EHRC","author":"Samuel Kamau Mbote","date":"July 15, 2014","format":false,"excerpt":"The 2D seismic program covering approximately 1,000 line kilometers on Block 11A being undertaken by BGP Kenya limited on behalf of the CEPSA and ERHC partnership is nearing completion according to the latest update by ERHC. Based on analysis of the 2D seismic data combined with data from an airborne\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\/07\/kenya-block-11a-2.jpg?fit=300%2C258&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2846,"url":"https:\/\/www.oilnewskenya.com\/index.php\/cepsa-erhc-identify-drilling-location-kenyas-block-11a\/","url_meta":{"origin":2571,"position":3},"title":"CEPSA, ERHC identify drilling location in Kenya\u2019s Block 11A","author":"","date":"April 23, 2015","format":false,"excerpt":"Spanish exploration company CEPSA and Houston based explorer ERHC have said that its exploration team has identified the Tarach-1 prospect as the drilling location for the first exploration well set to be drilled in March 2016 in an announcement by ERHC. This decision was based on interpretation of 1,086.6 kilometers\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\/07\/kenya-block-11a-2.jpg?fit=300%2C258&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2013,"url":"https:\/\/www.oilnewskenya.com\/index.php\/erhc-energy-confirms-leads-in-kenya-block-11a\/","url_meta":{"origin":2571,"position":4},"title":"ERHC Energy Confirms Leads in Kenya Block 11A","author":"Samuel Kamau Mbote","date":"November 6, 2014","format":false,"excerpt":"ERHC has announced that ongoing interpretation of 2D seismic data on Kenya Block 11A reveals the presence of several viable leads, some with closures of up to 20 square kilometers. \"The possibility of existence of stacked reservoirs, as seen in the Lokichar basin, could be a significant factor in computation\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\/07\/kenya-block-11a-2.jpg?fit=300%2C258&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":479,"url":"https:\/\/www.oilnewskenya.com\/index.php\/erhc-energy-inc-awards-bgp-kenya-2d-seismic-survey-contract\/","url_meta":{"origin":2571,"position":5},"title":"ERHC Energy Inc. Awards BGP Kenya 2D Seismic Survey Contract","author":"Samuel Kamau Mbote","date":"February 10, 2014","format":false,"excerpt":"ERHC Energy Inc. a publicly traded American company with oil and gas assets in Sub-Saharan Africa, has announced that its wholly owned subsidiary, ERHC Energy Kenya Limited, has awarded BGP Kenya Limited a contract to conduct a 2D seismic survey of Block 11A in northwestern Kenya. ERHC intends the seismic\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\/2571","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\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=2571"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/2571\/revisions"}],"predecessor-version":[{"id":2572,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/2571\/revisions\/2572"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/1455"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=2571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=2571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=2571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}