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Africa Oil Updates Operations in Ethiopia

Source: www.gulfoilandgas.com 4/7/2010, Location: Africa

Africa Oil Corp. is pleased to provide an update regarding its ongoing exploration activities in Ethiopia. Adigala Area: Africa Oil completed 500 km of 2D seismic acquisition in the Adigala area during the fourth quarter of 2009.

The data processing has now been completed and interpretation is underway at the Company's technical office in Calgary. The basin prospectivity, at this early stage, appears excellent with a number of large structural leads having been identified from the seismic data. In addition, earlier completed surface geology and sampling has documented the presence of excellent quality source and reservoir along the basin margin. The Company holds a 50% working interest in this project.

Ogaden Area (Blocks 2&6, 7&8): Seismic operations have been initiated in the Company's Ogaden area. A base camp is under construction and supplies are being mobilized. Local labor has been hired and survey and line clearing crews are actively working. Seismic recording is planned to start during the second quarter of 2010. The Company's plans are to acquire 500 km of 2D data over previously identified leads in order to mature these leads into drillable prospects. The Company holds a 55% working interest in these projects.

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Related Categories: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 

Related Articles: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 


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