Somalia Posted May 14, 2012 Tullow Oil, which is carrying out oil exploration in the region and has a 50 per cent interest in multiple sites in Kenya and Ethiopia, said that 20 metres of net oil pay was discovered at a site called Ngamia-1 in Kenya's Turkana County. http://www.dailymail.co.uk/news/article-2121153/Kenya-strikes-lucky-crude-oil-discovery.html Range and partner Red Emperor Resources (LON:RMP) told investors that the Shabeel-1 well is now down to 3,425 metres and has confirmed the existence of a 150 metre gross section of oil and possible net pay of 12 to 20 metres. http://www.rangeresources.com.au/fileadmin/user_upload/asx/ASX_Announcement_Puntland_Update_14.05.12.pdf This is the first update on how much the net pay is, the Kenyan one increased as they drilled further. Initially, the company had found 20 metres of net oil pay after drilling to a depth of 1041m. After drilling to a depth of 1515m, the net pay has risen to over 100m, more than its previous best of 95m in Ghana. http://www.the-star.co.ke/national/national/74589-tullow-discovers-more-oil-in-turkana It's basically the thickness of the oil reservoir and how much it is able to produce. :cool: We've come a long way, may we prosper inshallah. Quote Share this post Link to post Share on other sites
kingofkings Posted May 14, 2012 PLers about to be rich :cool::cool: Quote Share this post Link to post Share on other sites
Burn Notice Posted May 14, 2012 LOL nice pics King...get the Dom ready Quote Share this post Link to post Share on other sites
kingofkings Posted May 15, 2012 Burn Notice;829941 wrote: LOL nice pics King...get the Dom ready :cool: thank somalia, its pic. Quote Share this post Link to post Share on other sites
