Tullow encounters oil in Kerio Valley
An oil rig at Ngamia 1 where Tullow Oil Company is exploring oil, 25km from Lokichar in Turkana County. FILE PHOTO | JARED NYATAYA | NATION MEDIA GROUP
British oil exploration firm Tullow has announced a discovery of oil traces that it said points to significant oil deposits in northern Kenya's Kerio Valley Basin.
The oil explorer said it was the most significant finding in Kenya outside the South Lokichar Basin.
"The strong oil shows encountered in Cheptuket-1 indicate the presence of an active petroleum system with significant oil generation," said Tullow in a statement.
Tullow operates the oil block (Block 12A) at 40 per cent equity, in partnership with Delonex Energy at 40 per cent and Africa Oil Corporation at 20 per cent.
