Australia-based petroleum exploration company, Fugro-Geoteam has been awarded a A$13.67m contract for a 3D seismic survey in Pancontinental’s license area L6 in offshore Kenya.
Covering an area of 680km², the L6 permit lies in the Lamu Basin, within the Tana River delta.
The Fugro-Geoteam through 3D seismic survey is expected to provide high-definition images of subsurface structures.
Pancontinental chief executive officer and executive director Barry Rushworth said: "In the northern part of the East African margin offshore Kenya, we are aiming for oil rather gas in our four licences. We predict that offshore Kenya will prove to be oil-prone rather than gas-prone.
"We see oil as the first prize, in a commercial sense, for companies like Pancontinental."
The Kifaru 3D seismic survey is expected to enhance the chance of success of the L6 drilling planned for the 2013 licence year.
The next well to be drilled in the basin will be the Mbawa prospect in Block L8 by Apache Corp in August this year.
Pancontinental holds a 40% stake in L6, while First Australian resources holds 60%.