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ERHC Energy ERHE has announced the start of a 2D seismic program covering at least 1,000 line kilometers on Block 11A in the Republic of Kenya. BGP Kenya Limited, one of the world’s leading geophysical service companies, is carrying out the seismic acquisition.<\/p>\n
Block 11A is located to the northwest of the Lokichar Basin where the significant Ekales-1, Agete-1, Etuka-1, Ngamia-1 and Twiga South-1 oil discoveries were made. ERHC holds a 35 percent interest in the Block after farming out a 55 percent stake to CEPSA (Companyia Espanyola de Petroleos, S.A.U.), which is now the operator.<\/p>\n
“Upon completion of the 2D seismic program this summer, ERHC and its operating partner will have satisfied the minimum work program requirements for the initial two-year exploration period under terms of the Block 11A Production Sharing Contract,” said Dr. Peter Thuo, General Manager of ERHC Kenya Ltd.<\/p>\n
The 2D seismic program was designed to cover areas of interest resulting from structural mapping of prospective basins enabled by the airborne Full Tensor Gravity Gradiometry (FTG) survey of Block 11A completed recently. The FTG survey confirmed that the Lotikipi basin extends into Block 11A significantly advanced the exploration team’s understanding of the internal structure of the Lotikipi rift basin and enabled the identification of the most prospective areas.<\/p>\n
In addition to its oil and gas exploration interests in the Republic of Kenya, ERHC holds interests in the Republic of Chad, the Sao Tome and Principe Exclusive Economic Zone (EEZ) and the Nigeria-Sao Tome and Principe Joint Development Zone (JDZ).<\/p>\n
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