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Kenya’s oil exploration now renews hopes of a major discovery

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Workers undertake the first flaring test at the Waraga 1 well in Kaiso-Tonya in Hoima district in western Uganda, 220 km from the capital Kampala. Photo/FILE

Workers undertake the first flaring test at the Waraga 1 well in Kaiso-Tonya in Hoima district in western Uganda, 220 km from the capital Kampala. Photo/FILE 

By JAINDI KISERO  (email the author)
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Posted  Monday, March 22  2010 at  00:00

East Africa is now regarded as a promising frontier, especially following discoveries made by Heritage and Hardman Resources (now Tullow Oil).

Countries in East Africa, and on the seaboard from Ethiopia on down to Mozambique, have all begun to benefit from the success in Uganda.

Indeed, what happened in Uganda made it easier for smaller companies to raise funding for exploration in the region.

And with the recent success of Anadarko of the US in Mozambique with the offshore Windjammer discovery, the industry can expect to see even more wheeling and dealing to gain acreage in East Africa.

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Add a comment (1 comments so far)

  1. Submitted by popogiza
    Posted March 24, 2010 03:17 AM

    You are looking for oil in the wrong place. Good prospect would be in areas around Lake Victiria and parts of western province near Busia. This are places with same configaration and rock formation similar to those found in Uganda. Gold in WK is a good indicator of high hydrocarbons. If you miss the cursed liquid, you will definately hit the cursed rocks. Can't have it any better!

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