Heritage Oil re-licenses acreage in Uganda

Sept. 22, 2004
Heritage Oil Corp., Calgary, said the government of Uganda agreed to re-license Block 3 to the company for another 6 years.

By OGJ editors
HOUSTON, Sept. 22 -- Heritage Oil Corp., Calgary, said the government of Uganda agreed to re-license Block 3 to the company for another 6 years.

Heritage licensed Block 3 in the Albert graben in 1997 and drilled the Turaco-1 and Turaco-2 wells (OGJ Online, June 15, 2004). Turaco-2 encountered two potential hydrocarbon zones with an estimated gross pay of 300 m.

Heritage has a 50% interest and operates Block 3. Its 50:50 joint venture partner is Energy Africa Ltd., Cape Town. Heritage plans to drill and test the Turaco-3 well this year. A 3D seismic survey is being shot in the area surrounding the Turaco-2 well.