Swala Energy reports optimism in its Tanzania exploration.

[twitter-follow screen_name=’oilnewskenya’] Australian owned Swala Energy Limited has announced that RISC Operations Pty Ltd an independent petroleum advisory firm, have completed their review of the resource potential of the Kito  prospect i

Africa Oil abandons dry wells in Kenya, Ethiopia.

Canadian explorer Africa Oil has been forced to abandon drilling at one of its wells in Marsabit County and another in Ethiopia after failing to encounter any traces of oil or gas. The Toronto Stock Exchange-listed firm said Monday that it is closing the

Tullow hits dry well Ethiopia’s Tultule-1.

Tullow Oil plc (Tullow) announces that the Tultule-1 wildcat well in the South Omo block onshore Ethiopia, has reached a total depth of 2,101 metres and will be plugged and abandoned as a dry hole. The well was targeting a reservoir section similar to th

Oil opportunities in Africa.

Oil opportunities in Africa By KPMG Africa Africa is presently enjoying an upward growth curve, and part of the reason for this is its large new oil discoveries. The oil industry is a big mover and shaker and so development in this sector could, if don

Oryx Petroleum not fruitful in Congo Brazzaville.

The Jasper Explorer Drillship spudded the H-1 well targeting the Horse prospect (formerly Ma) in early September and reached a total depth of 5,522 metres in late November. The well was drilled in 1,038 metres of water 80 kilometres offshore Congo (Braz

Vanoil Says It May Accept Other Explorers in Rwanda Oil Search.

By Bloomberg Vanoil Energy Ltd. (VEL) is discussing with the Rwandan government the option of allowing other companies to help explore the country’s East Kivu Graben Basin as they seek to end a dispute over exploration rights. “It is possible that a

Tullow urges Ugandans to prepare for oil opportunities.

Courtesy: The Observer After awarding the first production licence to Cnooc, government expects to award more production licences this time round to Tullow oil early next year. Speaking at the launch of the Tullow Oil Uganda Country Report at Sheraton hot