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More oil deposits found in Turkana’s Ngamia 1 well

Updated Thursday, July 5th 2012 at 00:00 GMT +3

Last week, the Energy ministry issued four firms with licences to prospect for oil in seven of the remaining 12 offshore blocks in the country.

Eni of Italy got three licences for  three offshore blocks while Total will prospect on one block.

North American firms Rift Energy, ERHC Energy and Pacific Seaboard signed licensing agreement for the exploration of one offshore block each.

“The Ngamia discovery has been an amazing start to our drilling campaign. The large number of leads shows the major potential of these basins,” said Hill.

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