Sudan: Sudan to Drill Hundreds of Wells to Boost Oil, Gas Reserves -State Media

Dec 16, 2014 | Reuters
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Sudan's oil minister says the country will drill more than 250 wells in the coming year, aiming to boost its energy reserves by 65.4 million barrels of oil and 300 billion cubic feet of gas, state media reported on Tuesday.

When South Sudan seceded in 2011, it took with it three-quarters of the former unified country's oil wealth, estimated at 5 billion barrels of proven reserves by the U.S. Energy Information Administration.

Oil exports had been the main source of the foreign currency used to support the Sudanese pound and to pay for food and other imports, and the loss of the south hit the economy hard.