Premier Well Onshore Kenya Comes Up Dry

UK independent explorer Premier Oil reported Monday that its Badada-1 exploration well, onshore Kenya, has failed to find hydrocarbons.

The well, located on Block 2B, reached a total depth of 11,480 feet. It is now being plugged and abandoned as a dry hole.

Premier, which holds a 55-percent stake in Badada-1, added that the well was drilled within budget.



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