Kenya’s Sala-2 appraisal well set to spud in Q3
Marathon oil has announced that the Sala-2 appraisal well in block 9 will spud in the third quarter of 2014. This follows the success of Sala-1 exploration well, which is … Read More
Category: Top News
Simba’s FTG Survey narrows 2D seismic acquisition areas in Kenya’s Block 2A
Simba Energy Inc. has announced it is in receipt of Bell Geospace’s final report and results from their aerial FTG (Full Tensor Gradiometry) survey analysis and interpretation at it’s 100% interest … Read More
Horn Petroleum prepares for seismic acquisition in Somalia
Horn Petroleum which has working interest in the Dharoor Valley and Nugaal Valley exploration areas in Puntland has announced that it is now focused on making preparations for a seismic … Read More
Swala Oil and Gas Tanzania lists on the Dar es Salaam stock exchange
Swala Oil & Gas (Tanzania) Plc has listed on the Dar es Salaam Stock Exchange becoming the first public owned Oil and Gas Company in East Africa. The company is … Read More
Simba Energy raises funds for exploration in Kenya and Guinea
Simba Energy has announced the closure of second and final tranche of the Private Placement which is expected to raise USD $2.97 million. This is the second private placement after the … Read More
Kenya’s Block 10BB, 13T 3D seismic on course to be complete in Q4
The acquisition of a 550 square kilometer 3D seismic program in blocks 10BB and 13T is on course as scheduled to be complete in the fourth quarter of 2014 according … Read More
Ethiopia’s wells costs Africa Oil $30.8 million in losses
Africa Oil has announced it will be writing off $30.8 million previously capitalized in blocks 7 and 8 on expenditures in Ethiopia. According to the company the El Kuran-3 appraisal … Read More
Camac Energy eyeing the Nairobi Securities Exchange
US-based oil and gas exploration company Camac Energy has said it is eyeing to list in the Nairobi Securities Exchange which would make it the first oil explorer to be … Read More
President Kenyatta to visit Texas for energy related discussions
Kenya’s president is today expected to visit Texas in what statehouse spokesman Manoah Esipisu has termed as a knowledge sharing visit about oil and gas. The president is also set … Read More
Fleurette estimates 3 billion barrels of oil in DRC’s Blocks I & II
Oil of DRCongo, a subsidiary of the Fleurette Group’s oil exploration has announced that an interpretation of the recently processed 3D seismic surveys acquired in 2013-14 over its prospects in … Read More