The London-based company exploring oil in western Uganda, Tullow Oil reported that oil and gas deposits have been found in the country. The company on its website noted that exploration at Taitai-1 well basin, located in Butiaba region in the Lake Albert Rift, encountered five meters of net gas pay and at least eight meters of net oil pay1. According to Aidan Heavey, Chief Executive of Tullow, the latest discovery reinforced the potential of the Lake Albert Rift Basin as a major emerging petroleum province2.

• 1. Net pay denotes the thickness of the productive portion of a reservoir.
• 2. “More oil, natural gas discovered in W Uganda,” Xinhuanet.com, May 13, 2008, at news.xinhuanet.com/english/2008-05/13/content_8162150.htm