Uganda: Oil Level 8 Times Higher

Years of oil exploration are promising good results. Uganda’s petroleum deposits are far in excess of what the exploration companies had expected to find.

Hardman Resources Ltd, the Australian company, that is prospecting in Block 2 of the exploration field in South Western Uganda, announced on Monday that the tests over the weekend indicate that Waraga-1 well has a considerably profound flow rate of 4,200 barrels of oil per day.

The Commissioner for Petroleum Exploration and Production Department at Entebbe, Mr Reuben Kashambuzi told Daily Monitor yesterday that the newly discovered flow rate was “exceedingly exciting” because it was eight times more that the expected rate.
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