Petroleum Africa
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Thursday, February 5, 2015
Taipan Resources Inc. issued an update on the Badada-1 well being drilled by its Kenyan subsidiary, Lion Petroleum, on Block-2B. The Badada-1 well commenced drilling operations on January 7 and has been drilled to a total depth of 1,647 meters.
A 13 3/8-inch casing has been successfully run to 1,644 meters MDBRT and cemented in the 17 1/2-inch hole and the well is currently preparing to drill ahead with the 12 1/4-inch hole section to the next casing point which is expected to be at TD.
The well is planned to be drilled to a total depth of between 3,000 and 4,000 meters in order to test primary targets in Tertiary age reservoirs. The well is expected to take up to 70 days from spud to completion.
Taipan operates and holds a 30% working interest in Block 2B and a 20% working interest in Block 1 which is operated by East Africa Exploration (Kenya) Ltd, a subsidiary of Afren plc.
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