17 JUNE 2014
Sunbird-1 oil zone verified offshore Kenya
Historic first-ever oil column discovered offshore East Africa
Sunbird-1 well, completed in March in area L10A, intersected a gross 29.6m gas column overlying a gross 14m oil column in the Sunbird Reef.
Calculating the Sunbird results has been a lengthy process due to the complexity of the data derived from the well.
Discovery considered to be a play opener – the buried Sunbird Reef holds the first-ever oil column discovered in the LamuBasin offshore Kenya.
Major implications for regional exploration – proprietary geochemical data puts the L10A JV in a leading position to find commercial oil.
Pancontinental is in a prime position to explore for larger volumes of oil in its very extensive portfolio of prospects and leads now that it has identified the key components of a prospective oil system in the Lamu Basin.
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