{"id":7997,"date":"2020-02-18T07:47:52","date_gmt":"2020-02-18T07:47:52","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=7997"},"modified":"2020-02-18T07:47:52","modified_gmt":"2020-02-18T07:47:52","slug":"somalilands-sl10b-13-block-farm-out-planned-for-h1-2020","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/somalilands-sl10b-13-block-farm-out-planned-for-h1-2020\/","title":{"rendered":"Somaliland\u2019s SL10B\/13 block Farm-Out Planned for H1 2020"},"content":{"rendered":"<p>The farm-out process for onshore blocks SL-10-B and SL-13 in Somaliland is expected to yield fruit in the coming months with the operator Genel Energy saying the process which began in Q4 2019, with Stellar Energy Advisors appointed to run the process will conclude in H1 2020.<\/p>\n<p>According to the operator the farm-out process is aimed at minimizing the cost to the Company of a well that could be spud in 2021 with 2000km of full fold data <a href=\"https:\/\/bit.ly\/3bNY4VB\">2D seismic<\/a> already acquired in 2018 which interpretation led to the maturation of a prospects and leads inventory for the SL10B13 block and further confirmed the longstanding view that the block had significant hydrocarbon potential. A number of potentially high impact exploration targets were identified within play types directly analogous to the prolific Yemeni rift basins.<\/p>\n<p>Genel has maintained a lowest capital outlay capital allocation approach on its African exploration assets including those in Morocco which are still in the exploration phase.<\/p>\n<p>Genel is also the operator of the Odewayne Block with potential estimates of 1Bn bbls remains undrilled although the scale of the basin and comparison with analogue basins suggests potential for developing a significant portfolio of potentially drillable structures. Gravity and aeromag has also already been acquired and interpreted over the entire 40,000 square km acreage which resolved several lows across the licences that are ground\u00a0 truthed as Mesozoic rift basins by legacy seismic data.<\/p>\n<p>Genel Energy has a 75% working interest in both licences.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The farm-out process for onshore blocks SL-10-B and SL-13 in Somaliland is expected to yield fruit in the coming months with the operator Genel Energy saying the process which began &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/somalilands-sl10b-13-block-farm-out-planned-for-h1-2020\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":7998,"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":[7096,7343,7344,2356],"class_list":["post-7997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-farm-out-2","tag-sl10b","tag-sl13","tag-somaliland","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/02\/Somaliland.jpg?fit=609%2C345&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-24Z","jetpack-related-posts":[{"id":6168,"url":"https:\/\/www.oilnewskenya.com\/index.php\/odewayne-somaliland-2d-seismic-expected-house-q4-2017\/","url_meta":{"origin":7997,"position":0},"title":"Odewayne Somaliland 2D seismic Expected in-house in Q4 2017","author":"","date":"July 30, 2017","format":false,"excerpt":"Final data from the Odewayne Somaliland 2D seismic campaign which commenced in March 2017 is due in-house Q4 2017 according to JV partner Sterling Energy. As of mid-June over 500 kilometers of 2D seismic had been acquired Chinese geophysical service company BGP in blocks SL-10B and SL-13 with 1000 kilometers\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\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":6034,"url":"https:\/\/www.oilnewskenya.com\/index.php\/update-500km-2d-seismic-acquired-date-somaliland\/","url_meta":{"origin":7997,"position":1},"title":"Update &#8211; Over 500KM Of 2D Seismic Acquired to Date in Somaliland","author":"","date":"June 7, 2017","format":false,"excerpt":"Over 500 kilometers of 2D seismic has been acquired to date by Chinese geophysical service company BGP according to blocks SL-10B and SL-13 operator Genel Energy. The data which is being acquired in Saraar, Togdheer, Dadmaded, Marodijeh and Hawd regions is part of the Somaliland government owned speculative 2D seismic\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\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/06\/somaliland-seismic.jpg?fit=960%2C640&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5858,"url":"https:\/\/www.oilnewskenya.com\/index.php\/2d-seismic-acquisition-commences-on-the-odewayne-sl-10b13-blocks-somaliland\/","url_meta":{"origin":7997,"position":2},"title":"2D seismic Acquisition Commences on the Odewayne &#038; SL-10B\/13 Blocks, Somaliland","author":"","date":"April 7, 2017","format":false,"excerpt":"Odewayne and SL-10B\/13 Blocks operator Genel Energy has said that 2D seismic acquisition project commenced in March as part of a Somaliland government owned speculative 2D seismic acquisition project and in line with former announcements. The joint venture partners on the block Genel Energy, Sterling Energy and Petrosoma\u00a0will purchase the\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\/03\/somaliland-blocks.jpg?fit=870%2C440&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/03\/somaliland-blocks.jpg?fit=870%2C440&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/03\/somaliland-blocks.jpg?fit=870%2C440&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/03\/somaliland-blocks.jpg?fit=870%2C440&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":13686,"url":"https:\/\/www.oilnewskenya.com\/index.php\/somaliland-toosan-1-well-spud-date-h1-2024\/","url_meta":{"origin":7997,"position":3},"title":"SOMALILAND: Toosan-1 Well Spud Date H1 2024","author":"","date":"May 11, 2023","format":false,"excerpt":"Genel Energy reports that preparation continues for the drilling of the Toosan-1 well on the highly prospective SL10B13 block where it has 51% working interest and is operator. The Toosan prospect which contains stacked Mesozoic reservoir objectives, with multiple individual prospective resource has estimates each ranging from 100 to 200\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/Somaliland-SL10B13-Block.jpg?fit=531%2C399&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/Somaliland-SL10B13-Block.jpg?fit=531%2C399&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/05\/Somaliland-SL10B13-Block.jpg?fit=531%2C399&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":5600,"url":"https:\/\/www.oilnewskenya.com\/index.php\/2d-seismic-on-somalilands-odewayne-sl-10b13-blocks-expected-by-march-2017\/","url_meta":{"origin":7997,"position":4},"title":"2D seismic on Somaliland\u2019s Odewayne, SL-10B\/13 blocks expected by March 2017","author":"","date":"January 24, 2017","format":false,"excerpt":"Somaliland with through its speculative 2D seismic acquisition project will commence the acquisition of 2D seismic data on the Odewayne and SL-10B\/13 blocks earlier expected to start in 2016 by March 2017 according to operator Genel Energy. Under a new agreement the government will acquire the data by contracting with\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\/03\/somaliland-blocks.jpg?fit=870%2C440&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/03\/somaliland-blocks.jpg?fit=870%2C440&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/03\/somaliland-blocks.jpg?fit=870%2C440&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/03\/somaliland-blocks.jpg?fit=870%2C440&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":981,"url":"https:\/\/www.oilnewskenya.com\/index.php\/jacka-resources-signs-second-farm-out-with-sterling-energy-in-somaliland\/","url_meta":{"origin":7997,"position":5},"title":"Jacka Resources signs second farm-out with Sterling Energy in Somaliland","author":"Samuel Kamau Mbote","date":"May 6, 2014","format":false,"excerpt":"Jacka Resources\u00a0has announced that Jacka Resources Somaliland Limited has signed a second Farmout Agreement with\u00a0Sterling Energy (East Africa) Limited for the\u00a0Odewayne Block Production Sharing Contract, onshore Somaliland, East Africa. Sterling will acquire JRSL\u2019s 15% participating interest in the PSC for a total cash consideration of US$12 million and approval for\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\/05\/somaliland.jpg?fit=702%2C550&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/05\/somaliland.jpg?fit=702%2C550&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/05\/somaliland.jpg?fit=702%2C550&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/05\/somaliland.jpg?fit=702%2C550&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7997","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=7997"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7997\/revisions"}],"predecessor-version":[{"id":7999,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/7997\/revisions\/7999"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/7998"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=7997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=7997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=7997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}