Uganda: More Oil Found, 17 New Wells for Tullow
/While expectations on the sharing of oil revenues continue to build, most Ugandans will be pleased to know of additional discoveries of oil in Nwoya district in the Acholi sub-region by French oil and gas company Total SA.
The discovery comes in the aftermath of seismic studies around the Murchison falls area by its Ugandan operations, Total Exploration and Production (Total E&P) in September 2012.
Ernest Rubondo, the Commissioner for petroleum in the ministry of energy confirmed the discovery to the media early this week.
Ernest Rubondo, the commissioner for petroleum in the ministry of energy confirmed the discovery to the media early this week, adding that details are set to be disclosed by the energy minister Irene Muloni at the ongoing NRM retreat in Kyankwanzi.
"They (Total) told us that they have encountered shows, and we are waiting for more information. The Government will make an announcement in due course," he told Oil in Uganda, a sector publication.
He added that details about the volume and its commercial viability may be ready in about three weeks after analysis has been completed.
When contacted, Ahelem, the Total E&P corporate affairs manager said the Total headquarters in Paris are set to release an official statement confirming the discovery.
