Polaris to start 2D seismic survey in Tanzania

The programme has the potential to identify structural leads for follow-up infill seismic and possible drilling, the Australia-based company said.

Swala Energy had identified the Kilosa Basin using an airborne gravity-magnetic data acquired in 2012, which estimated basin thickness to be up to 7,000 metres.

Combining with outcrop geology, this estimate suggests that the underlying geology comprises both Karoo (Permo-Triassic) and Neogene sediments, the latter representing the oil play system in the East African Rift System.

Once the programme is complete, Polaris will mobilise the Kidatu Basin due south of the Kilosa Basin for the second of five seismic programmes in the Kilosa-Kilombero and Pangani licenses, with the work expected to be completed within the next three to four months.

David Mestres Ridge, chief executive officer of Swala Energy, said, “The commencement of our seismic programme underlines Swala’s commitment and capability to move ahead with the exploration programme within the timeline previously indicated to the market.

“We look forward to seeing the results of the seismic programme and are excited at the prospect of what it may bring.”