Tarach-1 Prospect to Spud in Q1 2016

Sunday, September 20, 2015

ERHC Energy in Kenya is working on the spud of its first well in the country. The company recently said that the Tarach-1 prospect on Block 11A will be spud before the end of Q1 2016.

The Tarach-1 prospect is located in the central part of the Tarach Basin. It is a three-way structural closure trapping against a north-south trending normal fault. The mean estimate of oil prospective unrisked resources for the prospect is 65 million barrels and the mean unrisked prospective resources of all prospects and leads on the block total 645 million barrels.

ERHC holds a 35% interest in Block 11A.

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