Australian exploration duo FAR and Pancontinental Oil & Gas have hired Norway’s Fugro to shoot 680 square kilometres of 3D seismic off Kenya for $13.67 million.
Pancontinental Oil & Gas chief executive Barry Rushworth pointed out the L6 block lay north of recent major gas finds off Mozambique and Tanzania, although adding the explorers believed the Kenya block to be oil-prone.
The Kifaru survey of the block, situated in the Lamu Basin and within the Tana River delta, is to be carried out by Fugro’s marine seismic arm Fugro-Geoteam in the current quarter.
The ASX-listed pair said the shoot would “greatly enhance the chance of success” for its drilling programme on the block getting underway next year.
FAR holds a 60% interest in the joint venture operating the offshore block to Pancontinental’s 40%.
Source: Upstream Online