{"id":3641,"date":"2015-09-08T08:48:29","date_gmt":"2015-09-08T08:48:29","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=3641"},"modified":"2015-09-08T09:32:16","modified_gmt":"2015-09-08T09:32:16","slug":"drill-drop-decision-ethiopias-adigala-block-expected-january-2016","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/drill-drop-decision-ethiopias-adigala-block-expected-january-2016\/","title":{"rendered":"Drill or Drop Decision in Ethiopia\u2019s Adigala Block expected in January 2016"},"content":{"rendered":"<p>Genel Energy a partner at the Adigala block in Ethiopia says a drill or drop decision is expected in the first quarter of 2016 as it continues further processing and interpretation of new 2D seismic acquired in 2014.<\/p>\n<p>According to the latest investor presentation the <a href=\"http:\/\/ow.ly\/RUK1n\">seismic<\/a> that commenced in the second quarter of 2014 was to refine a number of existing leads into drill ready prospects and de-risk the prospectivity of the license.<\/p>\n<p>The data is expected to support the presence of large structures in the Jurassic which could hold material potential even as field work continues to provide the presence of a working petroleum system.<\/p>\n<p>There exist a 520 km of 2D seismic which was reprocessed in 2012 and augmented by a Full Tensor Gravity survey.<\/p>\n<p>Oil seeps and surface outcrops in the block also support the presence of a mature and active Jurassic oil prone system.<\/p>\n<p>A government extension on the license to the current exploration period by another 18 months expires in January 2017.<\/p>\n<p>Other joint venture partners include the operator <a href=\"http:\/\/ow.ly\/RUJTl\">New Age<\/a> and Africa Oil with 10 percent working interest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Genel Energy a partner at the Adigala block in Ethiopia says a drill or drop decision is expected in the first quarter of 2016 as it continues further processing and &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/drill-drop-decision-ethiopias-adigala-block-expected-january-2016\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":1573,"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":[26,55,70,637,809,940,976,1722,3599],"class_list":["post-3641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-2d-seismic","tag-adigala-block","tag-africa-oil","tag-drilling","tag-ethiopia","tag-full-tensor-gravity-survey","tag-genel-energy","tag-new-age","tag-oil-seep","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/08\/adigala.png?fit=460%2C380&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-WJ","jetpack-related-posts":[{"id":1572,"url":"https:\/\/www.oilnewskenya.com\/index.php\/adigala-block-2d-seismic-50-percent-complete-genel-energy\/","url_meta":{"origin":3641,"position":0},"title":"Ethiopia&#8217;s Adigala Block 2D seismic 50 percent complete \u2013 Genel Energy","author":"Samuel Kamau Mbote","date":"August 6, 2014","format":false,"excerpt":"Genel Energy has announced that it is half way through \u00a0a 2D seismic survey commenced in the second quarter of 2014 in the Ethiopia's onshore Adigala block. According to the latest report the seismic that was to refine a number of existing leads into drill ready prospects. The Adigala block\u2026","rel":"","context":"In &quot;Top News&quot;","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\/08\/adigala.png?fit=460%2C380&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4326,"url":"https:\/\/www.oilnewskenya.com\/index.php\/genel-energy-exits-adigala-block-onshore-ethiopia\/","url_meta":{"origin":3641,"position":1},"title":"Genel Energy Exits Adigala block onshore Ethiopia","author":"","date":"February 4, 2016","format":false,"excerpt":"Genel Energy has announced that after a review of license potential, it has decided to exit its 44% working interest in the Adigala block onshore Ethiopia. According to Genel Energy the Adigala block which lies close to Somaliland, and was thought to be geologically analogous to the prolific producing Jurassic\u2026","rel":"","context":"In &quot;Top News&quot;","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\/08\/adigala.png?fit=460%2C380&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1591,"url":"https:\/\/www.oilnewskenya.com\/index.php\/ethiopias-wells-costs-africa-oil-30-8-million-in-losses\/","url_meta":{"origin":3641,"position":2},"title":"Ethiopia\u2019s wells costs Africa Oil $30.8 million in losses","author":"Samuel Kamau Mbote","date":"August 11, 2014","format":false,"excerpt":"Africa Oil has announced it will be writing off $30.8 million previously capitalized in blocks 7 and 8 on expenditures in Ethiopia. According to the company the El Kuran-3 appraisal well on block 8 which was drilled in the first half of 2014 and which is currently suspended pending further\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":646,"url":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oil-announces-farmouts-in-the-rift-basin-area-and-adigala-blocks-in-ethiopia\/","url_meta":{"origin":3641,"position":3},"title":"Africa Oil Announces Farmouts in the Rift Basin Area and Adigala Blocks in Ethiopia","author":"Samuel Kamau Mbote","date":"March 4, 2014","format":false,"excerpt":"Africa Oil has announced that it has received Ethiopian government approval in respect of two farmout agreements with Marathon Oil and New age Ethiopia Limited. Under the terms of the Marathon Oil farmout agreement, Marathon Oil will acquire a 50% interest in the Rift Basin Area in Ethiopia. Africa Oil\u2026","rel":"","context":"In &quot;Top News&quot;","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\/2013\/12\/africaoil.png?fit=280%2C273&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1440,"url":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oil-encounters-no-oil-in-ethiopias-gardim-1-exploration-well\/","url_meta":{"origin":3641,"position":4},"title":"Africa Oil, Tullow encounters no oil in Ethiopia\u2019s Gardim-1 exploration well","author":"Samuel Kamau Mbote","date":"July 14, 2014","format":false,"excerpt":"Africa Oil Corp. has announced that the Gardim-1 exploration well, drilled on the eastern flank of the Chew Bahir Basin in the South Omo licence, onshore Ethiopia, has reached a total depth of 2,468 metres in basement, without encountering commercial oil. The well intersected lacustrine and volcanic formations, similar to\u2026","rel":"","context":"In &quot;Top News&quot;","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\/ethiopia-oil.png?fit=741%2C388&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/07\/ethiopia-oil.png?fit=741%2C388&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/07\/ethiopia-oil.png?fit=741%2C388&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/07\/ethiopia-oil.png?fit=741%2C388&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":4844,"url":"https:\/\/www.oilnewskenya.com\/index.php\/simba-energy-to-drill-well-in-kenyas-block-2a-in-q4-2016\/","url_meta":{"origin":3641,"position":5},"title":"Simba Energy to drill well in Kenya&#8217;s Block 2A in Q4 2016","author":"","date":"July 18, 2016","format":false,"excerpt":"Canadian oil and gas explorer Simba Energy has said it expects to commence drilling operations in Kenya\u2019s Block 2A (Wajir County) situated in the Anza and Mandera basin in the next quarter after completing and interpreting ongoing 500+km 2-D seismic. According to the explorer the current 2D seismic is expected\u2026","rel":"","context":"In &quot;Top News&quot;","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\/07\/Block-2A.png?fit=505%2C611&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\/3641","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=3641"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/3641\/revisions"}],"predecessor-version":[{"id":3642,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/3641\/revisions\/3642"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/1573"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=3641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=3641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=3641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}