{"id":3224,"date":"2015-08-11T10:23:59","date_gmt":"2015-08-11T10:23:59","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=3224"},"modified":"2015-08-11T10:23:59","modified_gmt":"2015-08-11T10:23:59","slug":"erin-energy-seeks-term-extension-four-blocks-kenya","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/erin-energy-seeks-term-extension-four-blocks-kenya\/","title":{"rendered":"Erin Energy seeks term extension on four blocks in Kenya"},"content":{"rendered":"

Erin Energy formerly<\/a> CAMAC Energy has said it has met with the Kenyan government and submitted the required applications to enter the\u00a0First Additional Exploration Period\u00a0(FAEP) of both onshore blocks L1B and L16 after licenses on both blocks expired on June 8th 2015 .<\/p>\n

The company is also awaiting the decision of the Kenyan government after it applied for a two-year extension of the\u00a0Initial Exploration Period\u00a0for the offshore\u00a0Kenya\u00a0blocks L27 and L28 in order to seek a farm-in partner and to acquire 3D seismic data. Initial exploration period expires August 2015<\/p>\n

The blocks located in the Lamu basin have a combined acreage of 36,913 km2 \u00a0\u00a0with Block L1B 100 percent onshore while block L16 is along the coast and is partly onshore and partly offshore in shallow water. Blocks L27 and L28 are located offshore in the ultradeep water of the Indian Ocean.<\/p>\n

\"Kenyan<\/a><\/p>\n

Recently the company concluded acquiring 2D seismic <\/a>data in all 4 blocks and says it\u2019s Geoscience and Engineering Team has identified several very exciting leads in the area that are analogous to hydrocarbon discoveries in the greater East African area.<\/p>\n

Seismic data from\u00a0offshore Blocks L27 and L28 acquired in March 2014 are currently being processed by WesternGeco, a division of Schlumberger.<\/p>\n

Following the seismic acquisition Erin says it continues to evaluate the leads and is working on getting partners to spread the risk and maximize investment value.<\/p>\n

According to company presentations Erin plans to drill an exploration well on blocks L1B and L16 after licenses in 2016 and a well on each of the blocks L27 and L28 in the financial year 2016\/2017.<\/p>\n

The Company expects the FAEP on blocks L1B and L16 will be granted during the third quarter 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"

Erin Energy formerly CAMAC Energy has said it has met with the Kenyan government and submitted the required applications to enter the\u00a0First Additional Exploration Period\u00a0(FAEP) of both onshore blocks L1B … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":1718,"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":[1],"tags":[3482,298,303,310,384,671,3173,1252],"class_list":["post-3224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-block-28","tag-block-l16","tag-block-l1b","tag-block-l27","tag-camac-energy","tag-east-africa","tag-erin-energy","tag-kenya","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/camac.png?fit=626%2C489&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-Q0","jetpack-related-posts":[{"id":3797,"url":"https:\/\/www.oilnewskenya.com\/index.php\/erin-energy-obtains-18-month-extension-offshore-kenya-blocks-l27-l28\/","url_meta":{"origin":3224,"position":0},"title":"Erin Energy obtains 18-month extension in Kenya’s Blocks L27 and L28","author":"","date":"September 9, 2015","format":false,"excerpt":"Erin Energy Corporation\u00a0has announced it has obtained an eighteen-month extension of the Initial Exploration Period (IEP) of its offshore\u00a0Kenya\u00a0blocks, L27 and L28. The IEP on blocks L27 and L28 which expired on June 8th 2015\u00a0has been extended to\u00a0February 2017. The extension of the IEP of the Production Sharing Contracts 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\/09\/camac.png?fit=626%2C489&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/camac.png?fit=626%2C489&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/camac.png?fit=626%2C489&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":766,"url":"https:\/\/www.oilnewskenya.com\/index.php\/camac-energy-to-start-exploration-in-kenya-onshore\/","url_meta":{"origin":3224,"position":1},"title":"Camac Energy to start exploration in Kenya’s onshore block L1B, L16","author":"Samuel Kamau Mbote","date":"March 22, 2014","format":false,"excerpt":"CAMAC Energy has announced that it will start its exploration onshore on block L1B or L16 in 2015 even as exploration continues in Blocks L27\/ L28 in the Lamu Basin an area estimated to contain up to 3.7 billion barrels of oil. Already an Environmental and Social Impact Assessment Study\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\/03\/camac-energy-logo.jpg?fit=530%2C370&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/03\/camac-energy-logo.jpg?fit=530%2C370&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/03\/camac-energy-logo.jpg?fit=530%2C370&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":3056,"url":"https:\/\/www.oilnewskenya.com\/index.php\/erin-energy-seeks-first-exploration-extension-period-kenyas-block-l1b-l16\/","url_meta":{"origin":3224,"position":2},"title":"Erin Energy Seeks First Exploration Extension Period on Kenya\u2019s Block L1B and L16","author":"","date":"June 9, 2015","format":false,"excerpt":"Erin Energy formerly CAMAC Energy has said met with the government of\u00a0Kenya\u00a0and has requested approval to move into the first exploration extension period on blocks L1b and L16 having completed preliminary interpretation of the seismic acquisition. In May 2012 the company was awarded 4 Production Sharing Contracts in the Lamu\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\/camac.png?fit=626%2C489&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/camac.png?fit=626%2C489&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/camac.png?fit=626%2C489&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":3265,"url":"https:\/\/www.oilnewskenya.com\/index.php\/erin-energy-enters-next-phase-exploration-kenyas-block-l1b-l16\/","url_meta":{"origin":3224,"position":3},"title":"Erin Energy Enters Next Phase Of Exploration In Kenya’s Block L1B And L16","author":"","date":"August 23, 2015","format":false,"excerpt":"The Kenyan Government has granted Erin Energy approval to enter the First Additional Exploration Period (FAEP) on its onshore blocks, L1B and L16. This follows Erin Energy\u00a0completion of the required work program for the Initial Exploration Period of the blocks earlier this year where it announced it had exercised its\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\/camac.png?fit=626%2C489&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/camac.png?fit=626%2C489&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/camac.png?fit=626%2C489&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":4182,"url":"https:\/\/www.oilnewskenya.com\/index.php\/3d-seismic-in-kenyas-offshore-blocks-l2728-unlikely-without-farm-out\/","url_meta":{"origin":3224,"position":4},"title":"3D seismic in Kenya\u2019s offshore Blocks L27&28 Unlikely without farm-out","author":"","date":"December 13, 2015","format":false,"excerpt":"Houston based offshore Block L27&28 operator Erin Energy has said it is unlikely to meet its requirements unless a farm-in partner comes on board. \u201c3D acquisition in L27 & L28 subject to completing a farm-out,\u201d Erin Energy told investors in its last presentation in early December. The blocks located offshore\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\/12\/Erin-Energy.png?fit=456%2C365&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1717,"url":"https:\/\/www.oilnewskenya.com\/index.php\/camac-energy-to-acquire-2d-seismic-in-kenyas-blocks-l16-and-l1b\/","url_meta":{"origin":3224,"position":5},"title":"CAMAC Energy to acquire 2D Seismic In Kenya’s blocks L16 and L1B","author":"Samuel Kamau Mbote","date":"September 3, 2014","format":false,"excerpt":"CAMAC Energy Inc. has announced that its wholly owned subsidiary, CAMAC Energy Kenya Limited, has awarded seismic contracts for the acquisition of 2D seismic surveys on Block L1B onshore Kenya, and Block L16 partly onshore and partly offshore Kenya. The contract awards are each subject to negotiation and signing of\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\/camac.png?fit=626%2C489&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/camac.png?fit=626%2C489&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/camac.png?fit=626%2C489&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\/3224","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=3224"}],"version-history":[{"count":2,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/3224\/revisions"}],"predecessor-version":[{"id":3227,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/3224\/revisions\/3227"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/1718"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=3224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=3224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=3224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}