{"id":5643,"date":"2017-01-31T10:23:42","date_gmt":"2017-01-31T10:23:42","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=5643"},"modified":"2017-01-31T10:23:42","modified_gmt":"2017-01-31T10:23:42","slug":"ophir-energy-relinquishes-kenyas-block-l9","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/ophir-energy-relinquishes-kenyas-block-l9\/","title":{"rendered":"Ophir Energy Relinquishes Kenya\u2019s Block L9"},"content":{"rendered":"<p>Kenya\u2019s Block L9 operator has relinquished its interest in the Lamu basin license according to its JV partner Australia\u2019s FAR Ltd.<\/p>\n<p>\u201cDuring the quarter, Ophir Energy, the Operator of the L9 permit, informed FAR that it had relinquished the L9 permit.\u201d<\/p>\n<p>Located in water depths ranging from 300m to 1,400m block L9 was awarded to Ophir in 2011 and covers an area of 5,100km2. To date, only one well has been drilled in the L9 block, the Simba-1 well in 1979, which encountered gas shows. Oil seeps have also been identified to the north of the block.<\/p>\n<p>Block L9 contains two principal play systems, an inboard carbonate play and an outboard clastic play covered by a relatively dense grid of high-quality seismic data together with over 2,000 sq km of modern 3D seismic surveys.\u00a0The carbonate play was tested by BG in Block L10A with the Sunbird-1well drilled in 2014 which reportedly \u201cintersected a gross hydrocarbon column of 44 metres in the Miocene reef\u201d.<\/p>\n<p>Ophir has been in the process of exiting Kenya and Seychelles since 2015 which it described as low-priority assets. Last year the company exited its <a href=\"http:\/\/bit.ly\/2kN1AZ3\">Seychelles<\/a> acreage<\/p>\n<p>\u201cWe are exiting our low-priority assets in order to\u00a0focus our people and capital on maximising value creation from high-priority acreage. As\u00a0a result, during 2015 we exited \u2013 or started the process of exiting \u2013 from Kenya,\u00a0Seychelles and a number of blocks in\u00a0Indonesia (South Sokang, Kofiau, Halmahera Kofiau, Kutai) and Tanzania (Block 3, Block 7 and East Pande),\u201d the company said in its 2015 annual report.<\/p>\n<p>FAR and Ophir energy have been holding discussions regarding FAR\u2019s entry into the block with FAR seeking to resolve the status of its interest following the expiry of the assignment agreement between the two partners on 23 July 2014.<\/p>\n<p>First exploration well was expected to be drilled in 2014<\/p>\n<p>FAR holds a 30% interest in L9.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kenya\u2019s Block L9 operator has relinquished its interest in the Lamu basin license according to its JV partner Australia\u2019s FAR Ltd. \u201cDuring the quarter, Ophir Energy, the Operator of the &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/ophir-energy-relinquishes-kenyas-block-l9\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":5644,"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":[5813,234,294,316,869,1252,1926,5810,2288,5811,5812],"class_list":["post-5643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-3d-seismic-survey","tag-bg","tag-block-l10a","tag-block-l9","tag-far-ltd","tag-kenya","tag-ophir-energy","tag-relinquish","tag-seychelles","tag-simba-1-well","tag-sunbird-1well","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/01\/Block-L9.png?fit=682%2C481&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-1t1","jetpack-related-posts":[{"id":1529,"url":"https:\/\/www.oilnewskenya.com\/index.php\/far-ltd-delays-2d-seismic-acquisition-in-kenyas-block-l6-over-security-concerns\/","url_meta":{"origin":5643,"position":0},"title":"FAR Ltd delays 2D seismic acquisition in Kenya\u2019s Block L6 over security concerns","author":"Samuel Kamau Mbote","date":"July 31, 2014","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] FAR has said it has delayed a planned onshore well and an onshore 2D seismic survey and associated processing and interpretation in Northern part of coast Kenya due to insecurity in the area. According to a statement from the company the operations which were to start in June\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\/far-blocks.png?fit=301%2C273&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2380,"url":"https:\/\/www.oilnewskenya.com\/index.php\/kenyas-block-l6-farmout-pushed-further-to-late-2015\/","url_meta":{"origin":5643,"position":1},"title":"Kenya\u2019s Block L6 farmout pushed further to late 2015","author":"Samuel Kamau Mbote","date":"January 30, 2015","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] Block L6 operator Australian explorer Far Ltd has said it does not expect a farmout deal on the northern extent of the block until late in 2015. In the offshore portion where the company holds 60 percent paying interest Far says it continues to progress with a farmout\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\/far-blocks.png?fit=301%2C273&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1400,"url":"https:\/\/www.oilnewskenya.com\/index.php\/vanoil-energy-to-proceed-with-arbitration-after-loss-of-kenyan-blocks-3a-and-3b\/","url_meta":{"origin":5643,"position":2},"title":"Vanoil Energy to proceed with arbitration after loss of Kenyan blocks 3A and 3B","author":"Samuel Kamau Mbote","date":"July 7, 2014","format":false,"excerpt":"Vanoil Energy has provided an update on the ongoing negotiations with the Kenyan Government with respect to the extension of Vanoil's Production Sharing Contracts over Block 3A and Block 3B, onshore Kenya. Vanoil has decided to proceed with a formal demand for arbitration in accordance with the UNCITRAL arbitration rules\u2026","rel":"","context":"In &quot;Oil Politics&quot;","block_context":{"text":"Oil Politics","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/oil-politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/07\/vanoil-block-3a.png?fit=400%2C400&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1760,"url":"https:\/\/www.oilnewskenya.com\/index.php\/far-ltd-receives-term-extension-in-kenyas-block-l6\/","url_meta":{"origin":5643,"position":3},"title":"Far Ltd receives term extension in Kenya\u2019s Block L6","author":"Samuel Kamau Mbote","date":"September 12, 2014","format":false,"excerpt":"Australian explorer Far Ltd has announced that it has received a 1 year extension in the PSC term of Block L6 after the company delayed planned activities Government of Kenya due to the inability to access the ground to complete planned seismic operations because of security incidents in the country.\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\/09\/block-l6-new.jpg?fit=900%2C720&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/block-l6-new.jpg?fit=900%2C720&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/block-l6-new.jpg?fit=900%2C720&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/block-l6-new.jpg?fit=900%2C720&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":1956,"url":"https:\/\/www.oilnewskenya.com\/index.php\/far-farmout-deal-in-kenyas-block-l6-unlikely-in-2014\/","url_meta":{"origin":5643,"position":4},"title":"FAR farmout deal in Kenya&#8217;s Block L6 unlikely in 2014","author":"Samuel Kamau Mbote","date":"October 27, 2014","format":false,"excerpt":"Australian explorer FAR Ltd has said that its expected farmout in Block L6 where the company has a 60% interest is unlikely to happen in 2014. In the latest report FAR says the L6 farmout is likely to happen in early 2015 an extension from the earlier expected October date.\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\/far-blocks.png?fit=301%2C273&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":536,"url":"https:\/\/www.oilnewskenya.com\/index.php\/international-companies-operating-in-kenya-and-the-blocks-awarded\/","url_meta":{"origin":5643,"position":5},"title":"International companies operating in Kenya and the oil blocks awarded","author":"Samuel Kamau Mbote","date":"February 18, 2014","format":false,"excerpt":"Source:Ministry of Energy and Petroleum Operator\/Contractor Block No. Basin Name Afren\/Lion 1 Mandera Afren\/EAX L17\/L18 Lamu Offshore Simba Petroleum 2A Mandera Lion Petroleum 2B Mandera Vanoil Resources 3A\/3B Anza Africa Oil 9 Anza Tullow Oil\/Africa Oil 10A Anza Tullow Oil\/Africa Oil 10BA\/10BB\/12A\/13T Tertiary Rift Tullow Oil\/Swala Energy 12B Tertiary Rift\u2026","rel":"","context":"In &quot;Oil Politics&quot;","block_context":{"text":"Oil Politics","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/oil-politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/02\/blocks.jpg?fit=468%2C628&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\/5643","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=5643"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/5643\/revisions"}],"predecessor-version":[{"id":5645,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/5643\/revisions\/5645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/5644"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=5643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=5643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=5643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}