The Vice president of Africa Oil Corporation business development James Phillips has hinted more oil discoveries in Kenya.
Africa Oil which is the strategic partner to Tullow Oil Plc, a British oil and gas exploration firm reaffirmed their commitment to continue exploring in Kenya.
According to James Phillips of Africa Oil, discoveries in the Lokichar Basin in Turkana County promise better results in the country.
These discoveries in the Lokichar Basin so far meet the minimum threshold for commercial production and that is the most important thing.
Kenya plans to start commercial production of oil as early as 2016 and has been pushing explorers to report progress and provide assessments on commercial production.
Africa Oil is confident these figure will rise further as the company continues with the exploration activities in the Basin.
According to James Phillips “Commercial threshold resources have been exceeded in the South Lokichar Basin. We know we have exceeded the commercial threshold and that it is going to get higher and higher,” he said
