The Rwandan Ministry of Natural Resources extended Vanoil Energy Ltd.’s technical evaluation agreement on the 1,631 sq km oil and gas license in the Kivu graben in Rwanda.
The Rwandan Ministry of Natural Resources extended Vanoil Energy Ltd.’s technical evaluation agreement on the 1,631 sq km oil and gas license in the Kivu graben in Rwanda.
It is the intention of the company and the minister to conclude a production sharing agreement before the end of 2011, Vanoil said.
Vanoil also said that Syracuse University has received permission from the ministry to commence a 2D seismic study of Lake Kivu on behalf of Vanoil. This program will assist in identifying the areas of greatest hydrocarbon prospectivity in the Lake Kivu graben. The seismic study is to demonstrate the similarities between Lake Albert and Lake Kivu and to establish drill targets in and around Lake Kivu on Vanoil’s concession.
About the Author
Alan Petzet
Chief Editor Exploration
Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.
Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.
