Heritage finds new large oil well

UGANDA’S oil and gas deposits are moving closer to commercial threshold after another large oil well was discovered in the Albertine Graben region.

Heritage Oil, the firm exploring oil and gas in western Uganda, on Tuesday announced another discovery of oil and gas in its Warthog-1 exploration oil well.

“The well encountered a gross hydrocarbon-bearing interval of approximately 150 metres in thickness, with net hydrocarbon pay of 46 metres,” the firm said in a statement.