farm-in partner<\/a> comes on board.<\/p>\n\u201c3D acquisition in L27 & L28 subject to completing a farm-out,\u201d Erin Energy told investors in its presentation in early December.<\/p>\n
The blocks located offshore Kenya at water depths of 7200 to 14700 feet have already seen the acquisition of 2D seismic processed by WesternGeco, a division of Schlumberger with the Geoscience and Engineering Team having identified several leads in the area that are analogous to hydrocarbon discoveries in the greater East African area.
\nErin Energy has 100 percent interest in the two blocks and is required to acquire process and interpret 1,500 square kilometres of 3D seismic data.<\/p>\n
The company holds the single largest acreage by any single explorer.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
American explorer has said it has intensified efforts to identify and farm in partners in order to share exploration costs and risks in the ultra-deep water offshore blocks, L-27 and … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":4183,"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":[26,34,5555,383,3173,5557,5558,1252,5556,2252,2271,2729],"class_list":["post-5416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-2d-seismic","tag-3d-seismic","tag-blocks-l-27","tag-camac","tag-erin-energy","tag-farm-in-partner","tag-initial-exploration-period","tag-kenya","tag-l-28","tag-schlumberger","tag-segun-omidele","tag-westerngeco","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/12\/Erin-Energy.png?fit=456%2C365&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1pm","jetpack-related-posts":[{"id":3056,"url":"https:\/\/www.oilnewskenya.com\/index.php\/erin-energy-seeks-first-exploration-extension-period-kenyas-block-l1b-l16\/","url_meta":{"origin":5416,"position":0},"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":3797,"url":"https:\/\/www.oilnewskenya.com\/index.php\/erin-energy-obtains-18-month-extension-offshore-kenya-blocks-l27-l28\/","url_meta":{"origin":5416,"position":1},"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":5807,"url":"https:\/\/www.oilnewskenya.com\/index.php\/erin-energy-to-relinquish-kenyas-offshore-blocks-l27-l28\/","url_meta":{"origin":5416,"position":2},"title":"Erin Energy to relinquish Kenya\u2019s offshore Blocks L27, L28","author":"","date":"March 24, 2017","format":false,"excerpt":"American explorer Erin Energy has said it will not seek an additional extension of its offshore L-27 and L-28 blocks due to the high costs and risks associated with frontier exploration in the current price and market environments. According to Erin Energy the decision to relinquish the two offshore blocks\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":3224,"url":"https:\/\/www.oilnewskenya.com\/index.php\/erin-energy-seeks-term-extension-four-blocks-kenya\/","url_meta":{"origin":5416,"position":3},"title":"Erin Energy seeks term extension on four blocks in Kenya","author":"","date":"August 11, 2015","format":false,"excerpt":"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 and L16 after licenses on both blocks expired on June 8th 2015 . The company is also awaiting the decision\u2026","rel":"","context":"In \"block 28\"","block_context":{"text":"block 28","link":"https:\/\/www.oilnewskenya.com\/index.php\/tag\/block-28\/"},"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":5416,"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":2497,"url":"https:\/\/www.oilnewskenya.com\/index.php\/camac-energy-completes-2d-seismic-acquisitions-in-kenyas-blocks-l1b-l16\/","url_meta":{"origin":5416,"position":5},"title":"CAMAC ENERGY COMPLETES 2D SEISMIC ACQUISITIONS IN KENYA’S BLOCKS L1B, L16","author":"","date":"February 11, 2015","format":false,"excerpt":"CAMAC Energy has announced today the successful completion of its onshore 2D seismic acquisitions on blocks L-1B and L-16 in the Republic of Kenya. The 2D seismic program whose contract was signed in September last year was conducted by BGP Kenya Limited and covers approximately 700 line kilometers on L-1B\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\/5416","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=5416"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/5416\/revisions"}],"predecessor-version":[{"id":5417,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/5416\/revisions\/5417"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/4183"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=5416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=5416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=5416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}