OUR PRESENCE IN ETHIOPIA AND KENYA
Delonex has operated three exploration blocks in the Abred-Ferfer area in the Somali region of Ethiopia, with exploration activities commencing within four months of Licence award. We successfully completed acquisition of a gravity and magnetic survey covering 29,865 km2 and a 1,382 km 2D seismic survey within 18 months. The entire program was completed on schedule and on budget, clearly demonstrating our commitment to fast track, efficient exploration programs and our ability to operate safely and efficiently in partnership with host governments and local stakeholders.
Block 12A covers an area of 15,390 km2 in the Kerio Valley and is the location of the 2016 Cheptuket-1 exploration well. This well encountered significant oil shows over a 700m interval and is thought to be the most significant result to date in the East African Rift outside the South Lokichar basin. In early 2018 operatorship of Block 12A was transferred from Tullow to Delonex and in early March 2018 a further 2D seismic campaign commenced in Baringo, Elgeyo Marakwet and West Pokot counties. The JV partners have now completed the Work Programme up to the First Additional Exploration Period. The work completed in the Block includes; 19,960 km2 FTG, 981 km 2D seismic, drilling of the Cheptuket well, field studies and basin modelling.