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Thursday, January 22, 2015
Taipan Resources Inc., through its Kenya-based subsidiary Lion Petroleum,offered up an update on its drilling operations at the Badada-1 well on Block 2B, onshore Kenya. The well was spud on January 7 and since then has been drilled to a depth of 918 meters, intersecting a Neogene sequence.
The company set a 20-inch casing at 298 meters and the well is currently drilling ahead with the 17 1/2-inch section to the next casing point. The plan is to drill the well to a total depth of between 3,000 and 4,000 meters in order to test primary targets in Tertiary age reservoirs. Lion, the operator on Block-2B, expects the well to take up to 70 days to complete.
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