{"id":3176,"date":"2015-07-22T00:10:20","date_gmt":"2015-07-22T00:10:20","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=3176"},"modified":"2015-07-21T21:22:48","modified_gmt":"2015-07-21T21:22:48","slug":"rift-energy-hopeful-either-oil-gas-find-kenyas-block-l19","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/rift-energy-hopeful-either-oil-gas-find-kenyas-block-l19\/","title":{"rendered":"Rift Energy Hopeful of either Oil or Gas find in Kenya\u2019s Block L19"},"content":{"rendered":"

Houston based Rift Energy says its preliminary resource reserve estimates for the top ten leads (including the four drill-ready prospects) says it is hopeful of \u00a0encountering oil or gas when it drills<\/a> its first well later this year.<\/p>\n

The block which has already seen one well \u00a0the Ria Kaluli 1 drilled in 1962 encountering oil shows before being plugged Rift Energy estimates include a mid-range recoverable estimate of 856 MMBLS oil and 10.425 TCF gas.<\/p>\n

Already the company already\u00a0in the\u00a0first additional two-year exploration program \u00a0is in the process of completing Environmental Impact Assessments of four drill-ready prospects within Block L19 approximately 9,000 KM2 which it has a 100% participating interest.<\/p>\n

In the case that a discovery is made the block is uniquely positioned due to our close proximity to markets in Mombasa for oil and\/or gas.<\/p>\n

\u201cIn the event of a commercial discovery on Block L19, the lead time to first production will be significantly less,\u201d says Fred Zaziski, President and CEO.<\/p>\n

Rift continues to seek a farm-in partner to fully fund an exploratory drilling program of up to four wells.<\/p>\n

Besides Kenya the company is also seeking to acquire additional acreage in the Lake Albertine basin in what it terms as its goals of acquiring and developing high impact assets in East Africa and has been listed as approved as a qualified bidder<\/a> for Uganda\u2019s Licensing Round for Petroleum Exploration, Development and Production.<\/p>\n

Uganda\u2019s Ministry of Energy and Minerals Development intends to award each block to the successful bidder prior to the end of this year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Houston based Rift Energy says its preliminary resource reserve estimates for the top ten leads (including the four drill-ready prospects) says it is hopeful of \u00a0encountering oil or gas when … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":1192,"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":[302,2846,1252,1377,1586,3440,2162,2603,3441],"class_list":["post-3176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-block-l19","tag-environmental-impact-assessment","tag-kenya","tag-lamu-basin","tag-ministry-of-energy-and-mineral-development","tag-ria-kaluli-1","tag-rift-energy","tag-uganda","tag-ugandas-licensing-round-for-petroleum-exploration","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/block-l19.png?fit=374%2C412&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-Pe","jetpack-related-posts":[{"id":4138,"url":"https:\/\/www.oilnewskenya.com\/index.php\/rift-energy-ready-to-start-drilling-in-kenyas-block-l19-in-q1-2016\/","url_meta":{"origin":3176,"position":0},"title":"Rift Energy Ready to Start Drilling in Kenya\u2019s Block L19 in Q1 2016","author":"","date":"November 26, 2015","format":false,"excerpt":"Rift Energy has said it is ready to go ahead with drilling of its first well in Block L19 with pre-drilling works now complete. The company says it has identified four drill-ready prospects and 20+ additional leads with significant reserve potential and is currently in the final stages of completion\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-l19.png?fit=374%2C412&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3012,"url":"https:\/\/www.oilnewskenya.com\/index.php\/rift-energy-ready-drill-kenyas-block-l19\/","url_meta":{"origin":3176,"position":1},"title":"Rift Energy ready to drill in Kenya\u2019s Block L19","author":"","date":"May 25, 2015","format":false,"excerpt":"Houston based exploration company Rift Energy has told its shareholders that it is ready to commence drilling operations even as the company continues to evaluate potential acquisitions throughout east Africa. In its latest update the company says it is in the process of evaluating drilling and engineering service tenders for\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-l19.png?fit=374%2C412&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2141,"url":"https:\/\/www.oilnewskenya.com\/index.php\/rift-energy-identifies-5-drillable-targets-within-kenyas-block-l19\/","url_meta":{"origin":3176,"position":2},"title":"Rift Energy identifies 5 drillable targets within Kenya\u2019s Block L19","author":"Samuel Kamau Mbote","date":"December 9, 2014","format":false,"excerpt":"Rift Energy Corp has confirmed it has identified five drillable prospects and at least 21 leads within Block L19 in Kenya. This follows completion of the interpreting or mapping phase of its 724 KM 2D seismic program as well as information from the Aerial Gravity & Magnetic Survey and Geochemical\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\/rift-energy-block-l19.png?fit=343%2C310&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1319,"url":"https:\/\/www.oilnewskenya.com\/index.php\/rift-energy-corp-completes-2d-seismic-on-kenyas-block-l19\/","url_meta":{"origin":3176,"position":3},"title":"Rift Energy Corp. completes 2D Seismic on Kenya’s Block L19","author":"Samuel Kamau Mbote","date":"June 27, 2014","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] Rift Energy has\u00a0announced the completion of its 2D Seismic Program covering 724 line kilometers on Block L19 in Kenya . Preliminary results of the 2D Seismic Program according to Rift Energy has produced high quality data with numerous leads and prospects that correlate to Rift Energy's proprietary Aerial\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\/rift-energy-2.png?fit=299%2C265&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1701,"url":"https:\/\/www.oilnewskenya.com\/index.php\/initial-2d-seismic-on-kenyas-block-l19-encouraging-rift-energy\/","url_meta":{"origin":3176,"position":4},"title":"Initial 2D seismic on Kenya’s block L19 encouraging \u2013 Rift Energy","author":"Samuel Kamau Mbote","date":"September 1, 2014","format":false,"excerpt":"Rift energy has said the initial exploration program on block L19 have been very encouraging and confirm that it is a viable project. According to the latest investor update Rift energy says it has identified multiple drillable structures with data from the seismic confirming the company\u2019s original total recoverable potential\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\/rift-energy-block-l19.png?fit=343%2C310&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5511,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kenyas-onshore-upstream-sector-set-to-pick-up-in-2017\/","url_meta":{"origin":3176,"position":5},"title":"Kenya\u2019s Onshore Upstream Sector Set to Pick Up in 2017","author":"","date":"January 4, 2017","format":false,"excerpt":"Upstream activity in Kenya is expected to re-surge after hitting a low in 2016 in the backdrop of low oil prices that shut down offshore activity and left the onshore well drilling to the lowest since 2012. According to analysis carried out by OilNews Kenya activity is expected to pick\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\/2016\/05\/Petroleum-Exploration-Block-Map-of-Kenya.png?fit=555%2C534&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/05\/Petroleum-Exploration-Block-Map-of-Kenya.png?fit=555%2C534&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/05\/Petroleum-Exploration-Block-Map-of-Kenya.png?fit=555%2C534&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/3176","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=3176"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/3176\/revisions"}],"predecessor-version":[{"id":3177,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/3176\/revisions\/3177"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/1192"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=3176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=3176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=3176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}