Etuko

Kenya Seeks for Expert in South Lokichar blocks Hydrocarbon Audit

The ministry of energy and petroleum (MoEP) through the Kenya Petroleum Technical Assistance Project (KEPTAP) has requested for an expression of interest from firms wishing to undertake a hydrocarbon reserves audit and to develop competent person’s report for the oil assets in Block 10bb and 13t in North Western Kenya. The consultancy expected to take …

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Breakdown of 2C Oil Resources Increase in South Lokichar Basin

Africa Oil has announced that an independent assessment of the Company’s Contingent Resources in the South Lokichar Basin located in Blocks 10BB and 13T in Kenya has been completed by DeGolyer and MacNaughton Canada Limited (DMCL) increased 2C unrisked resources increased by 150 million barrels (or 24%) to 766 million barrels of oil. This is …

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Resource estimates in ‪‎Kenya‬’s South Lokichar basin surpass 1 billion barrels of oil in new adjustment

Africa Oil Corp says that a new independent assessment of the Company’s Contingent Resources in the South Lokichar Basin located in Blocks 10BB and 13T in Kenya has been completed by Gaffney, Cline & Associates increasing the total 2C (best) gross contingent resources by 67% to 616 million barrels of oil and total 3C (high) …

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Kenya’s Emong-1 exploration results send Tullow Oil shares tumbling

Story by Bloomberg Tullow Oil Plc fell the most in more than two weeks in London after the oil explorer said a test well in Kenya failed to find viable crude deposits. The shares fell 2.3 percent to 759 pence, the biggest decline since March 13. Partner African Oil Corp. fell 11 percent to 44.3 kronor in Stockholm. The Emong-1 exploration well …

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Africa Oil Provides Operations Update

[twitter-follow screen_name=’oilnewskenya’] “Africa Oil” or the “Company”) is pleased to provide the following update on its activities in Kenya and Ethiopia. Africa Oil’s work program for 2014 will include at least 20 exploration and appraisal wells, extended well tests on the South Lokichar basin discoveries, and will include exploration wells targeting four new basins. Excellent …

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