Eric Watkins
Senior Correspondent
LOS ANGELES, Nov. 7 -- White Nile Ltd., London, said it has identified several structures, including one site for drilling, after completing phase one of its seismic survey of Block Ba in southern Sudan.
The company said several prospects have been identified in the 1,800 sq km project area, including one large structure of more than 50 sq km, which has been high-graded as an immediate drilling target.
It said seismic data from the first phase of exploration have yielded a new understanding of the prospectivity of the Muglad basin's Jonglei subbasin. The data show a sedimentary section as thick as 7 km and rift structures suitable for forming hydrocarbon traps, the company said.
White Nile said it will procure a drilling rig and plans to spud the first exploration well in first-half 2007, when it also expects to start a new 2D seismic survey in the Pibor Post basin.
The company's Block Ba exploration and development program includes three exploration wells in 2007 along with further 2D seismic acquisition.
Contact Eric Watkins at [email protected].