CAMAC ENERGY COMPLETES 2D SEISMIC ACQUISITIONS IN KENYA’S BLOCKS L1B, L16

CAMAC Energy has announced today the successful completion of its onshore 2D seismic acquisitions on blocks L-1B and L-16 in the Republic of Kenya.

The 2D seismic program whose contract was signed in September last year was conducted by BGP Kenya Limited and covers approximately 700 line kilometers on L-1B and 325 line kilometers on L-16. Initially

CAMAC had initially reported that Polaris Seismic International Limited has been engaged to conduct a 2D seismic survey covering 125,000 acres (506 sq. km.) within Block L16 partly onshore and partly offshore Kenya.

The objective of the acquisition is to identify potential exploration targets in the Paleozoic, Jurassic, Cretaceous, and Middle to Lower Tertiary sections, which are known to be oil-bearing in the East Africa region.

The seismic survey, paired with the previously completed airborne gravity and magnetic surveys, will be used to help identify potential drilling targets on the block.

“The preliminary results from data processing in the field are encouraging”, commented Segun Omidele, Senior Vice President of Exploration and Production. “These seismic surveys are fundamental to advancing our onshore Kenya work program and our understanding of the resource potential on these blocks and will help us determine potential locations to begin our exploration drilling.”

In Block L16 CAMAC had faced a hurdle in its planned seismic acquisition programme through Kenya’s coastal area’s Arabuko-Sokoke forest after environmentalists protested the acquisition of two seismic lines through the largest stretch of coastal dry forest remaining in Eastern Africa and second in Africa in birdlife conservation from Congo.

The two blocks add to blocks that CAMAC has acquired 2D seismic in Kenya after covering offshore Blocks L27 and L28 in March 2014 both of which are currently being processed by WesternGeco, a division of Schlumberger.