Ophir Energy Operation in Kenya

Ophir Energy is primarily focused on Africa and has an operating office in Nairobi. Ophir Energy has holdings in two of Kenya's offshore Lamu Basin, Blocks L9 and L15, in which it has a 90% operating interest. The water depth in these blocks reaches 1400 meters, and in total this area covers 7441 square kilometers. Ophir also has assets in Tanzania, making it the largest independent deepwater oil and gas exploration company in East Africa in terms of net acreage. Ophir obtained 3D seismic data for both block in 2012, but as yet no drilling has taken place. A first exploration well is due to be drilled in Block L9 in 2014, as part of a joint venture with FAR. The seismic data has shown many promising leads, with a potential resource volume of more than 300 million barrels of oil.

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