Tullow Oil Plc (TLW), which announced yesterday it had made the first oil discovery in Kenya, said it expects to find more crude at the Ngamia-1 exploration well as it continues drilling.
“We are pretty confident there is further potential as we drill down,” Ian Cloke, Tullow’s exploration manager for southern and East Africa, said in a speech today at the Eastern Africa Oil, Gas & Energy Week in Nairobi, the capital.
Tullow said yesterday it found 20 meters (66 feet) of oil at Ngamia-1 in Block 10BB in northwestern Kenya after drilling to about a third of its target depth.
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