MELBOURNE, Mar. 17 -- A wildcat well operated by Ndovu Resources Ltd. (Aminex) in a joint venture with Australian companies Key Petroleum Ltd. and Bounty Oil & Gas NL, both of Perth, has found natural gas about 2 km from the producing Songo Songo gas field in Tanzania.
Key Petroleum, which has 20% interest, said the well, Kiliwani North-1, was drilled in the southern tip of Songo Songo Island and has intersected a 60-m gross gas column in the same Neocomian sand reservoirs producing at Songo Songo field.
Electric logs and formation pressure data have confirmed the presence of gas.
Kiliwani North-1 was drilled on the so-called Nyuni block and will be completed as a future gas producer. Further drilling will be needed to confirm the size of the find.
The close proximity of the Songo Songo to Dar Es Salaam gas pipeline bodes well for an early development. Key Petroleum said there is additional potential in Tertiary age reservoirs that may be the target of future wells.
Ndovu Resources holds 40%, RAK Gas Commission 25%, Key Petroleum 20%, East Africa Exploration Ltd. 10%, and Bounty 5%.