Burundi: Lake Tanganyika exploration eyed

Feb. 3, 2011
Surestream Petroleum Ltd. of the UK is engaged in early exploratory work on two blocks in Lake Tanganyika off Burundi.

By OGJ editors
HOUSTON, Feb. 3
– Surestream Petroleum Ltd. of the UK is engaged in early exploratory work on two blocks in Lake Tanganyika off Burundi.

The company holds Block D covering 562 sq km and Block B on 654 sq km in the northern part of the lake. Surestream said some explorers view the lake’s geology as an analog of the Tertiary rift system at Lake Albert to the north between Congo (former Zaire) and Uganda, where giant oil discoveries have been made.

Surestream has been conducting an environmental impact assessment since late 2010 and has identified a vessel for shooting seismic on the lake in 2011. Burundi has not yet awarded Blocks A and C.