ERHC Energy Kenya, the wholly owned Kenya-based subsidiary of ERHC Energy, announced that its operating partner, CEPSA, has commenced drilling at the Tarach-1 well in Kenya Block 11A.
ERHC is a publicly traded American company with oil and gas assets in Sub-Saharan Africa.
The Tarach-1 prospect’s mean estimate of oil prospective unrisked resources is 66 million barrels. Mean unrisked prospective resources of all prospects and leads in Block 11A totals 662 million barrels. ERHC holds a 35 percent interest in Block 11A.
The Tarach-1 well is designed to drill from a 20-inch surface casing through intermediate casings down to 2,442 meters and set a 7-inch liner down to total depth (TD) of 3,000 meters. The prospect is defined by four 2D seismic lines out of the 2014 survey. The structural trap is a 3-way dip closure against a north-south normal fault plane at 1,426 mMD (-954m TVDSS) and covering a surface area of 12 sq.km. The vertical closure is calculated at 220 meters at the P10 closing contour.
ERHC Energy Kenya Ltd., headquartered in Nairobi, Kenya, is guided by General Manager Dr. Peter Thuo.
ERHC Energy’s operations are focused on Sub Saharan Africa. In addition to its Kenya asset, ERHC holds a 100 percent interest in Block BDS 2008 in Chad. In the Gulf of Guinea, ERHC holds 100 percent of the rights to Block 4 in the São Tomé and Príncipe Exclusive Economic Zone (EEZ) Block 4 as well as the option to take up to a 15 percent working interest in each of two other unlicensed EEZ blocks of its choice. The Company also has interests across several oil blocks in the Nigeria – São Tomé and Príncipe Joint Development Zone (JDZ).