How Oil Blocks Are Named
So you've been hearing about BLOCK 10BB, BLOCK 10A, BLOCK L-10B, but how were these blocks named?
Oil’s Well in Kenya
Kenya formally announced oil discovery in Turkana (Ngamia 1 wildcat well, Lokichar Basin) in 2012 and this was met with a lot of optimism and "Jubilation" (for lack of a better word). The initial estimates of the prospect was 250 million barrels in blocks 10BB...