In Tanzania, Swala Oil & Gas has announced that Gaffney, Cline & Associates (GCA) has finalized the assessment of the resource potential of the Kilombero Basin, situated in the Kilosa-Kilombero licence south of Tanzania. 

According to the company, GCA reviewed the level of the Kito prospect in the Kilombero Basin and predicted the prospective resources of additional four leads in the basin, thereby increasing the best estimate gross Kito prospective resources to 97 Mmstb in the Basal Sandstone . Swala which has a direct 25% interest in the Kilosa-Kilombero licence, has finalized the tender process of the long lead items for the Kito-1 well and has issued tender to several locally-based drilling contractors to be presented this month.

“The GCA assessment shows that, even at this early stage, the potential of Kilombero remains significant.  We are very excited by the increased potential of the Kilombero basin and of the Kito prospect in particular.  Swala’s operations team continue preparations to drill one of the few onshore oil wells being drilled in East Africa this year and estimate that the Kito-1 well is on track for drilling in 3Q 2016.  We look forward to updating the market further on the progress of the drill campaign,” David Mestres Ridge, CEO of Swala told Energy-pedia.

Anita Fatunji