Faucon-1 is dissapointing, although according to Simon Potter "materially extends the area of potential hydrocarbon charge", but at least we still have the Ugandan prospect whre "oil seeps have been identified in the immediate area" to be spudded soon! (Mputa-1) :
Uganda: Block 2 - Mputa-1 Wildcat
Mobilisation and rig up is complete and the rig is now undergoing inspection and
testing prior to rig acceptance and spudding of the well.
Mputa-1 will target a structural prospect with potential multiple objectives.
The prospect was defined by the 2005 onshore seismic survey and oil seeps have
been identified in the immediate area.
The planned total depth is approximately 1,100 metres. The well location is 220
kilometres north-west of the capital Kampala and onshore 8 kilometres from Lake Albert. The location is 60 kilometres south-west of the Butiaba Waki-1 well (drilled in 1938) and 87 kilometres north-east of the Turaco exploration wells drilled by Heritage in 2002-2004.
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