CEPSA Withdraws From Kenya’s Block 11A
CEPSA Kenya Limited, an affiliate of Compañía Española de Petróleos, S.A.U. has withdrawn from Block 11A months after the unsuccessful drilling of Tarach 1 well OilNews Kenya has learnt. Confirming … Read More
Tag: ERHC
Tarach 1 Well Now classified as Dry – CEPSA
The Tarach 1 well drilled in April 2016 was dry as earlier reported by OilNews Kenya according to the latest SEC filing by joint venture partner ERHC. “Operator analysis of … Read More
ERHC Reports Oil & Gas Shows At Kenya’s Tarach-1 Well
American explorer ERHC has said it encountered significant oil shows and highly-elevated gas readings at the Tarach-1 well located in Block 11A indicating the presence of a working petroleum system … Read More
CEPSA, ERHC Hit Dry Well at Kenya’s Block 11A Tarach-1
Earlier reports by OilNews Kenya that the Tarach-1 well in Block 11A was disappointing have now been confirmed with the commissioner for petroleum Martin Heya at the Ministry of Energy … Read More
Tarach-1 well in Kenya’s Block 11A cost CEPSA, ERHC over $25M
The Tarach-1 well which commenced drilling on April 14th 2016 in Block 11A could have cost the two joint venture partners Compania Espanola de Petroleos (CEPSA) operator* and ERHC over … Read More
New U.S. Securities and Exchange Commission (SEC) Rules To Improve Transparency, Accountability – KCSPOG
The Kenya Civil Society Platform on Oil and Gas (KCSPOG) has welcomed the adoption of the new rules for resource extraction companies by the U.S. Securities and Exchange Commission (SEC) … Read More
CEPSA, ERHC Disappointed at Kenya’s Block 11A Tarach-1 well – Source
OilNews Kenya has learnt that the search for oil and gas at Tarach-1 in Kenya’s Block 11A has not been successful and works are ongoing to plug the well according … Read More
Majority of Petroleum Rights Holding Companies in Kenya Incorporated in Tax Havens
A report by Oxfam dubbed The Use of Tax Havens in the Ownership of Kenyan Petroleum Rights shows that all but five companies that hold petroleum exploration rights have at … Read More
Why all eyes are on CEPSA’s Tarach-1 well in Kenya
2016 has been a rather hard year for the upstream sector globally which has led to job cuts, trimming of operations, lack of ready finance as investors seek faster returns … Read More
CEPSA, ERHC Commence Drilling At Tarach-1 Prospect in Kenya’s Block 11A
The SMP drilling rig has spud at the wildcat Tarach-1 drilling prospect (situated in the central part of the Tarach basin) with the well expected to take 60 days to … Read More