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Uganda: 2.5 Billion Barrels of Oil Discovered – Tullow

Walter Wafula

Oil exploration firm Tullow Oil says the quantity of oil discovered in Uganda has surpassed the 2 billion barrels that were confirmed last year. The announcement indicates that more crude oil remains beneath the Albertine Graben in the western part of Uganda.

“Rift Basins are a core play for Tullow and to-date we have discovered and identified resources in excess of 2.5 billion barrels in the Lake Albert Rift Basin in Uganda,” said Mr Angus McCoss, the exploration director of Tullow Oil Plc not long ago.

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