Kumul Petroleum Holdings Limited, the national petroleum and energy company has completed its seismic program in Kimu and Barikewa in Gulf Province.
Kumul Petroleum Managing Director, Wapu Sonk said, on March 26th they completed the final hole on a seismic line in the Kimu licence and camp demobilisation has begun.
He said this is the culmination of a seismic programme they have been undertaking in the two petroleum retention licences.
“The purpose of this seismic work is to gather additional geological information on the petroleum resources already discovered in these two licences, to increase the volumes of oil and gas reserves. The second objective is to identify and firm up siting of some delineation wells and exploration targets.” Mr.Sonk said.
Mr Sonk expressed great satisfaction given the safety standards and records that have been achieved which he attributed to the experience of the Operator, O.M. Holdings Limited (Oilmin) as well as KPHL’s staff have managed the operations. This is the first exploration work done by KPHL since its inception in 2010 to date.
“We have come a long way, looking forward to the results and the planning for the next phase of development.” he said.
Mr. Sonk outlined that the seismic campaign carried out by Oilmin had taken approximately six months.
He noted that seismic line cutting is a labour-intensive activity and the six seismic lines required the employment of 477 local people in remote areas of Gulf and Western provinces.
“Kumul Petroleum and Oilmin have worked closely with locally impacted communities and although seismic work only requires company presence in an area for a relatively short time, assistance has been provided to local primary schools at Kaiam and Kumusi. Without community support this field work would not have been possible.” Mr Sonk said.
