August 29, according to media reports in Kampala, the Ugandan Government in an official newspaper New Vision reported that August 28 reported that Uganda has recently discovered oil reserves for the time being set at 2 billion barrels, but because of the exploration operations will continue Therefore, Uganda, the discovery of oil reserves may be more than 6 billion barrels.
International oil companies so far have been in this East African country's oil sector has invested millions of dollars, they first start since 2000 in Uganda's western and northwestern areas of oil exploration activities. Uganda's New Vision newspaper quoted a senior geologist of the Department of Energy as saying, in so far drilled 34 wells, 32 wells drilled encountered oil or natural gas, the total proven reserves of oil may be more than 6 billion barrels.
If these projections prove to be correct, then Uganda will enter the oil-producing countries in Africa, the ranks of the oil reserves may be even more than is currently the first African three largest oil-producing countries of the Sudan.
Aug. 31, 2009
