Afren set to drill 2 wells in the Lamu coastal basin in 2015

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Afren plans to drill two wells in 2015 after completing an airborne gravity and magnetic survey and additional 2D seismic to help define closures across the Mombasa High.

The wells are set to be drilled in blocks L17 and L18 offshore south-east Kenya covers an area of approximately 4,881 km2 and situated in water depths varying from a few feet along the shoreline to up to around 2,625 ft in the Pemba Channel.

Initial studies in the area shows several potential source rocks for the Tertiary and Cretaceous plays in the southern areas of the basin including the Permo-Triassic Karoo interval, the Middle Jurassic and high Total Organic Carbon (TOCs) are recorded within the Eocene section in the Pemba-5 well.

In Blocks L17 & L18 where Afren has 100% interest and is the operator 1,207 km 2D marine seismic and 474 km 2D shallow water and transition zone seismic has been completed. A 1,000 km2 3D seismic and 120 km 2D onshore seismic has also been completed.

In block 1 where Afren has 80 percent interest and is the operator a 696 km airborne high resolution gravity and magnetic survey has been completed as well  as 1,900 km 2D seismic.

A planned exploration well is also set for late 2014 in the block.

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