ERHC Energy Inc., a publicly traded American company with oil and gas assets in Sub-Saharan Africa, disclosed Wednesday the successful completion of a major 2D seismic acquisition program of Block 11A in the Republic of Kenya. BGP acquired seismic data over approximately 621 line miles (1,000 line kilometers) on behalf of ERHC and its operating partner, CEPSA Kenya Limited (a wholly owned affiliate of Compania Espanola de Petroleos, S.A.U. (CEPSA)), completing the work program requirements for the initial two-year exploration period under terms of the Block 11A Production Sharing Contract.
The seismic survey, paired with the structural mapping of prospective basins from a Full Tensor Gravity Gradiometry (FTG) survey completed last winter, will help to identify potential drilling targets in Block 11A.
"Interpretation of the seismic data is not yet complete, but we can say we are encouraged," said Dr. Peter Thuo, general manager of ERHC Kenya Ltd.
ERHC holds a 35 percent interest in Block 11A after farming out a 55 percent stake to CEPSA. The Block is situated in northwest Kenya, northwest of the significant Ekales-1, Agete-1, Etuko-1, Ngamia-1 and Twiga South-1 oil discoveries.
In addition to Kenya Block 11A, ERHC's oil and gas exploration interests extend across the African continent, including the Sao Tome and Príncipe Exclusive Economic Zone (EEZ), the Republic of Chad and the Nigeria-Sao Tome and Príncipe Joint Development Zone (JDZ).
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