Wednesday, March 12, 2014

More than 251Million Barrels of Oil Found in Block 2B Anza Basin in Northern Kenya

Taipan Resources, a Canadian oil exploration firm reported latest data on Block 2B located in Mandera County can produce more than 251 million barrels of oil.

The company prospects oil
and gas contracted BGP
Group to survey Block 2b in
North Eastern Kenya.
Taipan Resources announced
the latest data on sections of
the block.
The company also reported
BGP Group had completed a
196.2km 2d Seismic survey
which confirmed closure at
the Baadada prospect.
Taipan Resources has focus
on Africa and is the 4th
largest oil prospecting
acreage owner in Kenya where
it owns Block 1 and Block 2B
onshore Kenya.
The acreage lies on the Anza
Basin, the largest Tertiary-
age rift-basins in the East
African Rift systems.
The Anza Basin alone has
multi-billion barrels of oil
discoveries to its credit.
Kenya lies on the Anza
Basin’s sweet spot and
massive oil discoveries have
continued to be made by
Tullow Oil, a British explorer
which might start oil
production in Kenya by 2017.


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