Exploration
In Tanzania the Company continues to plan for the drilling of two wells. An appraisal well is planned in the northern portion of the field and an exploration well is planned west of the existing field.
A review of reprocessed and new 2-D seismic has identified a promising prospect approximately 2 kilometers west of the existing Songo Songo field that has been designated as Songo Songo West (SSW). Orca Exploration intends to drill one well in the northern aspect of SSW and may drill a second depending on the results of the first. Timing will depend on rig availability. If gas is found, it is estimated that SSW could have gas in place of 600 bcf.