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| Image credit: worldtravels |
Report reaching us states that, the UK junior BowLeven has added a new region to its African portfolio as it takes up a large slice in an onshore Kenyan play, it farmed into Block 11B by taking 50% from local player Adamantine Energy.
Following up on its position in Cameroon, the Aberdeen-based company gets extensive and highly prospective exploration acreage position, which in turn gives them exposure to a new hydrocarbon province.
Encompassing Leoli, Lotikipi, Gatome and South Gatome basins, the block covers approximately 14,000 square kilometres, while stating on Monday, BowLeven said the basins are located north of the Lokichar Basin where a significant oil discovery has been made in recent months with the Ngama-1 well.
Analogous geological plays and petroleum system elements are expected as the analysis of the existing gravity and magnetics and seismic datasets suggest the basins in Block 11B are similar in form to Lokichar.
(Edited by: Blueblock)
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