Project Profile
Location: Onshore/offshore area on the Kenyan Coast
Area: 3,134 sq km
Water Depth: 400 m
Prospective resources: 3.7 billion barrels of oil or 10.2 trillion cubic feet of gas (Tembo, Kifaru and Kifaru West) - best estimate
Block L6 is an onshore/offshore area on the Kenyan coast. Preliminary seismic programs have defined a number of significant prospects. The licence area is approximately 3,350 sq km. The partners continue to pursue the identified leads and prospects through mapping and additional seismic to define a prospect suitable for drilling. The L6 licence area is adjacent and geologically continuous to L8.
Following encouraging hydrocarbon generation and migration studies, the joint venture has shifted its attention to the offshore portion of the licence area. A deep central graben in this area is considered to be an oil and gas \"source kitchen\" and potential hydrocarbon trapping prospects have been identified immediately adjacent to this area.
The three prospects covered by 3-D seismic are Kifaru, Kifaru West and Tembo. The largest of these is the Kifaru Prospect in water depths of 80m to 100m with potential to contain approx. 178 million barrels of recoverable oil.
Operators:
First Australian Resources (FAR): Operator
Onshore - 24% interest
Offshore - 60% interest
Pancontinental
Onshore - 16% interest
Offshore - 40% interest
Milio International
Onshore - 36% interest
Contractor:
Fugro-Geoteam: 778 sq. km of 3-D seismic survey (2012)