Tullow Oil, a company exploring for oil in western Uganda, announced on Wednesday that it had struck oil and natural gas deposits at Kasamene-1 exploration well, located in Butiaba region in the Lake Albert Rift Basin.
The London-based company said that exploration at Kasamene-1 encountered over 31 metres of net oil pay and at least six metres of net gas pay.
Aidan Heavey, chief Executive of Tullow, said the discovery indicates the potential for further significant discoveries from the Victoria Nile delta play.
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Tullow Oil Announced Several Oil and Gas Discoveries
Aidan Heavey, chief Executive of Tullow, said the discovery indicates the potential for further significant discoveries
