Seismic program starts off Kenya
Offshore staff
PERTH, Australia --Origin Energy has started a 3,200 km (1,988 mi) seismic program offshore Kenya in Lamu basin blocks L8 and L9. Origin holds an option to extend the program by 600 km (373 mi).
The program aims to define 40 mapped leads by its completion in February 2007.
In December 2005, Pancontinental Oil & Gas farmed out 75% of blocks L8 and L9 to Origin Energy in return for full funding of the $4-million seismic program and the drilling of an exploration well in each block.
Pancontinental also holds an interest in block L6, where Gippsland Offshore Petroleum Ltd. is expected to begin a seismic program with the same contractor upon completion of the Origin Energy survey.
"Blocks L6, L8, and L9 contain targets that are of the same type as in the two Woodside-operated permits, blocks L5 and L7," said Andrew Svalbe, Pancontinental CEO.
12/21/2006