Tullow Oil Not Looking to Farm-down Kenyan Assets

Tullow Oil has said it is not planning to farm down its Kenyan assets after it sold part its Ugandan assets to Total this month.

Instead Tullow Oil says it will focus on the early oil pilot scheme (EOPS) expected to commence in the coming months. The company will also be focusing on exploration and appraisal with four wells expected this year with the option of another for wells to be determined by the success of the initial wells.

“Tullow is not planning to farm-down in Kenya and is focusing on EOPS and Exploration and Appraisal,” Tullow Oil said in a statement to newsrooms.

Tullow Oil has 50 percent interest in Kenyan blocks 10BA,10BB and 13T, 40 percent interest in Block 12A while in Block 12A the company has 100 percent interest.

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