M a r k e t N e w s

Drilling of Kifaru-1 well in Mozambique begins

Posted on : Friday, 16th January 2015

 Wentworth Resources has announced the beginning of drilling operations on the Kifaru-1 exploration well by the Helmerich & Payne rig #243 in the Rovuma Onshore Concession in northern Mozambique.

 
The Kifaru-1 exploration well is targeting Miocene sands, similar to the reservoirs in the Mnazi Bay and Msimbati gas fields in southern Tanzania, as well as Oligocene and Cretaceous sands.
 
The Kifaru-1 well has a planned total depth of 4,050 meters True Vertical Depth Sub Sea and, based on the current drilling program, is expected to take approximately 70 days to complete.
 
According to Wentworth Resources Managing Director Geoff Bury a successful drilling will open up more areas in the acreage.
 
“The Kifaru-1 exploration well is located just south of our discovered natural gas fields in the Mnazi Bay concession and adjacent to recent gas discoveries made offshore. The Kifaru-1 well is testing a large structure which, if successful, could lead to further exploration activities in both of Wentworth’s blocks in the Rovuma Basin,” said Bury.
 
Wentworth has an 11.59% net interest in this well, which is being operated by Anadarko.

Source : OIL NEWS KENYA
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