Taipan Resources Inc. through Lion Petroleum announced that the GW-190 rig has spudded the Badada-1 well, in Block 2B onshore Kenya on January 7, 2015. Taipan estimates gross mean unrisked recoverable resources of 251 mmboe for Badada. The well is planned to be drilled to a total depth of between 3,000 and 4,000 metres to test Tertiary age reservoirs analogous to those in the Lokichar basin where Tullow and Africa Oil have made discoveries with best estimate unrisked gross (2C) contingent resources totaling 616 mmbbls.

The Operator expects drilling to take up to 70 days to complete. During drilling, Taipan intends to provide the market with regular operational updates. The company will also provide a comprehensive update once operations on the Badada-1 well have been fully completed and analysed.