Uganda hits threshold with Giraffe discovery

02/16/2009
Sufficient recoverable oil has been discovered in Uganda’s Albert basin to exceed the commercial threshold for development, said Heritage Oil Corp., Calgary. The advance came with a discovery at Giraffe, structurally connected to the Buffalo discovery announced in December 2008.The Buffalo-Giraffe complex is mapped at 18.5 sq miles with more than 400 million bbl recoverable. If it extends farther north and east and includes the Buffalo East prospect, the structure could cover nearly 35 sq miles, Heritage said.The Giraffe discovery on Block 1 went to TD 705 m and cut a gross oil-bearing interval of 89 m with 38 m of net oil pay.“Downhole pressure testing and sampling have confi...
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