c1811272 15tpd peanut crude oil machine in ethiopia

   
c1811272 15tpd peanut crude oil machine in ethiopia
                                               
                                               
                                               
                                               
  • c1811272 15tpd peanut crude oil machine in ethiopia
  • Will Tullow Oil drill a well in Ethiopia?
  • In late February, UK-based Tullow Oil Plc (TLW)¡ªthe same company behind the massive discovery in Kenya in early 2012¡ªannounced it would finish drilling its first well in western Ethiopia¡¯s South Omo Block by the end of this quarter. The foray into Ethiopia was based on geography.
  • Will sabisa find oil in Ethiopia?
  • According to Tullow, Sabisa is targeting some 140 million barrels of oil resources. The terms would be fairly attractive, with the Ethiopian state taking 10% of any discovery. Tullow and partners plan to build a total of 11 wells in what is labeled the Kenya-Ethiopia Frontier Basin. Three of those wells will be in Ethiopia.
  • Did Tullow find oil in Ethiopia?
  • The foray into Ethiopia was based on geography. This block is considered an extension of Tullow¡¯s Kenya concessions and it all is part of East Africa¡¯s Tertiary Rift (which includes Uganda). If they find oil in this well it would be the first discovery in Ethiopia.
  • Is Ethiopia ready for oil & gas exploration?
  • Get ready for the first-ever exploration in Ethiopia¡¯s Omo region¡ªand it could be VERY BIG. After all, it¡¯s an extension of the massive finds in Kenya. Ethiopia has the misfortune of being entirely landlocked as a result of the 30-year war with neighboring Eritrea. Still, oil and gas exploration here is advancing must faster.