Operations
Uganda project
Exploration Area 5 Overview
Exploration Area 5 (EA5), "the Rhino Camp Basin" was initially 5,162 sq km licence area situated at the northern end of the Albertine Graben in northern Uganda (see Figure 1). Figure 2 represents the license area following the renewal of the license in March 2010. The new license area, after relinquishment agreed with the Government, now amounts to 2941 square kilometres.
Very substantial volumes of commercial reserves have now been discovered in the Albertine Graben and a regional development plan is being prepared. However, oil generated in the areas where discoveries have been made is unlikely to have migrated into EA5. Success in EA5 will require oil to have been generated within the Area. There remains a reasonable probability that reservoir, structure and seal are present within the Rhino Camp Basin but activities to date have not confirmed commercial oil volumes or the existence of good quality reservoir sands. Clear traces of oil have been encountered over a wide area, in both wells and in near surface samples from region-wide micro seeps. A prospective source of oil generation has now been identified.
Exploration operations in EA5 have comprised 300kms of 2-D seismic at the end of 2007 and two unsuccessful wells, the first in mid-2009 and the second early in 2010. An aero gravity gradiometry (GGI) survey over the full remaining Licence area was undertaken in mid-2010 and interpretation was completed at the end of 2010. This has revealed a prospective oil generation kitchen of approximately 100 square kms in area and 2,500 metres depth. A significant structurally high area has also been revealed which should be more prospective than the two prospects drilled to date. A second 2-D seismic programme is underway as of June 2011, to determine a location for a third well to be drilled before the end of 2011. Continued
