Commercial oil production to start

image source:www.tullowoil.com

Kenya is finally set to join the league of oil producing nations after British explorer Tullow Oil Plc said it had surpassed the threshold needed for commercial exploitation of reserves in Turkana.

The announcement contained in Tullow’s results for the half year to June 30 were underscored by the company striking additional deposits in Etuko-1 well on Tuesday.

“Resources discovered to date are of a scale that the partnership will initiate discussions with the Government of Kenya and other relevant stakeholders to consider development options,”
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Tullow Oil plc 
2013 Half-yearly results
Major exploration success continues in Kenya with Etuko-1 discovery. Kenya basin volumes exceed threshold for development.