An oil rig at Ngamia 1 where Tullow Oil Company is exploring oil, 25km
from Lokichar in Turkana County. FILE PHOTO | JARED NYATAYA | NATION
MEDIA GROUP
British oil exploration firm Tullow has
announced a discovery of oil traces that it said points to significant
oil deposits in northern Kenya's Kerio Valley Basin.
The oil explorer said it was the most significant finding in Kenya outside the South Lokichar Basin.
"The
strong oil shows encountered in Cheptuket-1 indicate the presence of an
active petroleum system with significant oil generation," said Tullow
in a statement.
Tullow operates the
oil block (Block 12A) at 40 per cent equity, in partnership with Delonex
Energy at 40 per cent and Africa Oil Corporation at 20 per cent.
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