{"id":10735,"date":"2021-08-13T08:44:17","date_gmt":"2021-08-13T08:44:17","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=10735"},"modified":"2021-08-13T08:44:17","modified_gmt":"2021-08-13T08:44:17","slug":"africa-oil-announces-q2-2021-financial-results","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oil-announces-q2-2021-financial-results\/","title":{"rendered":"Africa Oil Announces Q2 2021 Financial Results"},"content":{"rendered":"<p><b>Highlights<\/b><\/p>\n<ul class=\"ml-4 list-disc\" type=\"disc\">\n<li>Net income of\u00a0<span class=\"xn-money\">$38.4 million<\/span>\u00a0(first half 2021 total of\u00a0<span class=\"xn-money\">$77.3 million<\/span>) and end of quarter cash balance of\u00a0<span class=\"xn-money\">$35.1 million<\/span>.<\/li>\n<li>Received a dividend for\u00a0<span class=\"xn-money\">$37.5 million<\/span>\u00a0from Prime during the quarter and a further\u00a0<span class=\"xn-money\">$37.5 million<\/span>\u00a0dividend in July.<\/li>\n<li>On\u00a0<span class=\"xn-chron\">August 2, 2021<\/span>, Africa Oil announced the closing of its corporate debt facility with\u00a0<span class=\"xn-money\">$160 million<\/span>\u00a0committed. The Company utilized\u00a0<span class=\"xn-money\">$98 million<\/span> of this new facility to fully repay its BTG term loan with the undrawn balance of <span class=\"xn-money\">$62 million<\/span>\u00a0available to Africa Oil until\u00a0<span class=\"xn-chron\">May 2022<\/span>. This can be utilized for general corporate purposes, subject to customary covenants.<\/li>\n<li>At end of\u00a0<span class=\"xn-chron\">July 30, 2021<\/span>, AOC had an approximate cash balance of\u00a0<span class=\"xn-money\">$42 million<\/span>\u00a0and net debt of\u00a0<span class=\"xn-money\">$56 million<\/span>.<\/li>\n<li>Selected Prime&#8217;s second quarter 2021 results net to Africa Oil&#8217;s 50% shareholding*:\n<ul class=\"ml-4 list-disc\" type=\"circle\">\n<li>end of quarter cash position of\u00a0<span class=\"xn-money\">$292.8 million<\/span>\u00a0that includes an amount of\u00a0<span class=\"xn-money\">$152.5 million<\/span>, which is 50% of the security deposit received from Equinor in relation to the Agbami field;<\/li>\n<li>average daily working interest (&#8220;W.I&#8221;) production of 28,100 barrels of oil equivalent per day (&#8220;boepd) and economic entitlement production of 30,500 boepd (84% light and medium crude oil and 16% conventional natural gas)<sup>2,3<\/sup>; and<\/li>\n<li>EBITDA<sup>4<\/sup>\u00a0of\u00a0<span class=\"xn-money\">$155.1 million<\/span>\u00a0(first half 2021 total of\u00a0<span class=\"xn-money\">$298.2 million<\/span>) and cash flow from operations of\u00a0<span class=\"xn-money\">$252.3 million<\/span>\u00a0(first half 2021 total of\u00a0<span class=\"xn-money\">$338.2 million<\/span>).<\/li>\n<\/ul>\n<\/li>\n<li>Post period, in\u00a0<span class=\"xn-chron\">July 2021<\/span>, the OML 130 Gas Sales and Purchase Agreement was signed by Prime and all other parties, settling historical gas sales from\u00a0<span class=\"xn-chron\">July 2018<\/span>. This will result in an additional\u00a0<span class=\"xn-money\">$36 million<\/span>\u00a0of sales revenue with a net cash payment of\u00a0<span class=\"xn-money\">$21 million<\/span>\u00a0expected in the third quarter 2021, in each case net to Africa Oil&#8217;s 50% shareholding.<\/li>\n<li>Field operational performance remains strong and was enhanced by the removal of production limitations on Egina due to OPEC constraints.<\/li>\n<\/ul>\n<p><b>Africa Oil President and CEO\u00a0<span class=\"xn-person\">Keith Hill<\/span>\u00a0commented<\/b>: &#8220;We are going from strength to strength on the back of excellent operational performance and strong cash flows from our Nigerian assets. We have significantly deleveraged, reduced our cost of capital and improved liquidity. I am very pleased with the strong cash position in Prime at end of the second quarter, standing at\u00a0<span class=\"xn-money\">$293 million<\/span>\u00a0net to our 50% shareholding. I am also encouraged by the initial positive indications of\u00a0<span class=\"xn-location\">Nigeria&#8217;s<\/span>\u00a0Petroleum Industry Bill, which is expected to facilitate new project investments and support early license extensions. Our\u00a0<span class=\"xn-location\">Kenya<\/span>\u00a0project continues to gain momentum and we look forward to the drilling of two high impact exploration wells, Venus and Gazania, by end of the year. With the improved financial position, Africa Oil is considering the option to institute a shareholder capital return program by end of this year, which could include a dividend policy and\/or share buyback program, subject to the necessary approvals.&#8221;<\/p>\n<p><b>PRIME&#8217;S SECOND QUARTER 2021 PERFORMANCE<\/b><\/p>\n<p>Production from the Egina field continued to be affected in the second quarter of 2021 by the OPEC+ quotas, but these were relaxed in June, with further increases to production planned in the second half of 2021. These quotas limited production from Egina in the second quarter of 2021 to an average of approximately 162,000 bopd, which compares to the first quarter 2021 average of 152,000 bopd. The quotas in June in respect of the Egina field were approximately 173,000 bopd. The approved July and August quotas are approximately 181,000 and 177,000 bopd respectively. In\u00a0<span class=\"xn-chron\">July 2021<\/span>, OPEC+ members announced they would be gradually increasing the crude production quotas by 400,000 barrels per month from\u00a0<span class=\"xn-chron\">August 2021<\/span>\u00a0to\u00a0<span class=\"xn-chron\">September 2022<\/span>. This will result in\u00a0<span class=\"xn-location\">Nigeria&#8217;s<\/span>\u00a0production output increasing from 1.554 mb\/d to 1.829 mb\/d.<\/p>\n<p>Prime&#8217;s second quarter 2021 average daily W.I. production was 28,100 boepd and economic entitlement production was 30,500 boepd (84% light and medium crude oil and 16% conventional natural gas), net to Africa Oil&#8217;s 50% shareholding in Prime.<\/p>\n<p>During the second quarter of 2021, Prime was allocated four oil liftings with total sales volume of approximately 4.0 million barrels or 2.0 million barrels net to Africa Oil&#8217;s 50% shareholding.<\/p>\n<p>Prime has sold forward or hedged 100% of its second half 2021 cargoes at an average price of\u00a0<span class=\"xn-money\">$58<\/span>\/bbl. These contracts are with counterparties including oil supermajors and commodity trading houses. The counterparties are part of groups with investment grade credit ratings. Only 21% of cargoes in 2022 have been hedged at an average price of\u00a0<span class=\"xn-money\">$67<\/span>\/bbl, giving the Company exposure to improving oil prices associated with economic recovery.<\/p>\n<p>Second quarter 2021 average operating cost of\u00a0<span class=\"xn-money\">$6.0<\/span>\u00a0per boe compares to first quarter 2021 average operating cost of\u00a0<span class=\"xn-money\">$6.4<\/span>\u00a0per boe.<\/p>\n<p>Prime achieved second quarter 2021 sales revenue of\u00a0<span class=\"xn-money\">$127.6 million<\/span>\u00a0(first half 2021 total of\u00a0<span class=\"xn-money\">$280.9 million<\/span>); EBITDA<sup>4<\/sup>\u00a0of\u00a0<span class=\"xn-money\">$155.1 million<\/span>\u00a0(first half 2021 total of\u00a0<span class=\"xn-money\">$298.2 million<\/span>) and cash flow generated from operating activities of\u00a0<span class=\"xn-money\">$252.3 million<\/span>\u00a0(first half 2021 total of\u00a0<span class=\"xn-money\">$338.2 million<\/span>), in each case net to Africa Oil&#8217;s 50% shareholding. Capital expenditure during the quarter, net to the Company&#8217;s shareholding was\u00a0<span class=\"xn-money\">$3.1 million<\/span>\u00a0(first half 2021 total of\u00a0<span class=\"xn-money\">$5.7 million<\/span>).<\/p>\n<p>On\u00a0<span class=\"xn-chron\">June 25, 2021<\/span>, Prime signed a Securitization Agreement with Equinor and Chevron, whereby Equinor agreed to pay a security deposit to the two other partners to secure future payments due under that Securitization Agreement, pending a comprehensive resolution being reached among all unit parties in respect of the tract participation in the Agbami field. In accordance with the Securitization Agreement, on\u00a0<span class=\"xn-chron\">June 29, 2021<\/span>\u00a0Prime received from Equinor its portion of the security deposit in the form of a cash payment of\u00a0<span class=\"xn-money\">$305 million<\/span>. A provision has been recorded to reflect the mechanism pursuant to which any such imbalance payments due from Equinor to Prime under the terms of any future agreement among the Agbami parties will be set-off against this security deposit. The parties will continue ongoing discussions in an attempt to seek final resolution of the formal redetermination of the Agbami tract participation.<\/p>\n<p>As of\u00a0<span class=\"xn-chron\">June 30, 2021<\/span>, Prime had a cash balance of\u00a0<span class=\"xn-money\">$585.5 million<\/span>\u00a0or\u00a0<span class=\"xn-money\">$292.8 million<\/span>\u00a0net to Africa Oil&#8217;s 50% interest. Prime also had an outstanding debt balance of\u00a0<span class=\"xn-money\">$1,114 million<\/span>\u00a0or\u00a0<span class=\"xn-money\">$557 million<\/span>\u00a0net to Africa Oil&#8217;s 50% interest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Highlights Net income of\u00a0$38.4 million\u00a0(first half 2021 total of\u00a0$77.3 million) and end of quarter cash balance of\u00a0$35.1 million. Received a dividend for\u00a0$37.5 million\u00a0from Prime during the quarter and a further\u00a0$37.5 &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/africa-oil-announces-q2-2021-financial-results\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":9001,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7443,7445,11,7444],"tags":[70,8339,8184,1252,1749],"class_list":["post-10735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-eastern-africa","category-southern-africa","category-top-news","category-west-africa","tag-africa-oil","tag-agbami-field","tag-egina","tag-kenya","tag-nigeria","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2N9","jetpack-related-posts":[{"id":10499,"url":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oil-provides-the-receipt-of-prime-dividend-provides-positive-egina-operational-update\/","url_meta":{"origin":10735,"position":0},"title":"Africa Oil Provides the Receipt of Prime Dividend &#038; Provides Positive Egina Operational Update","author":"","date":"June 29, 2021","format":false,"excerpt":"Africa Oil Corp. has announced that it has received its seventh dividend from Prime Oil and Gas Cooperatief UA as well as provided an update the markets on a significant increase in the Egina oil field production. Prime has distributed a\u00a0$75.0 million\u00a0dividend with a net payment to Africa Oil of\u00a0$37.5\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10661,"url":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oil-announces-the-receipt-of-prime-dividend-the-upsizing-and-completion-of-its-corporate-loan-refinance\/","url_meta":{"origin":10735,"position":1},"title":"Africa Oil Announces the Receipt of Prime Dividend, the Upsizing and Completion of its Corporate Loan Refinance","author":"","date":"August 2, 2021","format":false,"excerpt":"Africa Oil Corp. has announced that it has received a dividend from Prime Oil and Gas Cooperatief UA and that is has completed the refinancing of its corporate loan facility. Prime has distributed a $75 million dividend with a net payment to Africa Oil of $37.5 million related to its\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/egina-fpso-small_1_0.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/egina-fpso-small_1_0.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/egina-fpso-small_1_0.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/egina-fpso-small_1_0.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/egina-fpso-small_1_0.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":12822,"url":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oil-reports-q3-2022-financial-results-with-record-realised-oil-price\/","url_meta":{"origin":10735,"position":2},"title":"Africa Oil Reports Q3 2022 Financial Results with Record Realised Oil Price","author":"","date":"November 16, 2022","format":false,"excerpt":"The Company received one dividend from its shareholding in Prime for $50.0 million(1) in Q3 2022 (first nine-month 2022 total of $212.5 million). Total amount of the dividends received so far in 2022 is $250.0 million, including $37.5 million received in October 2022. Cash balance at September 30, 2022, of\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":11251,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-africa-oil-announces-the-receipt-of-prime-dividend\/","url_meta":{"origin":10735,"position":3},"title":"NIGERIA: Africa Oil Announces the Receipt of Prime Dividend","author":"","date":"November 30, 2021","format":false,"excerpt":"Prime has distributed a\u00a0US$100 million\u00a0dividend with a net payment to Africa Oil of\u00a0US$50 million\u00a0related to its 50% shareholding. Since acquiring its 50% shareholding in Prime for a cash consideration of\u00a0$520 million\u00a0in\u00a0January 2020, Africa Oil has received ten dividends from Prime for a total amount of\u00a0$400 million, representing 77% of the\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Africa-Oil-Nigeria-assets-2.png?fit=1115%2C452&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Africa-Oil-Nigeria-assets-2.png?fit=1115%2C452&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Africa-Oil-Nigeria-assets-2.png?fit=1115%2C452&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Africa-Oil-Nigeria-assets-2.png?fit=1115%2C452&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Africa-Oil-Nigeria-assets-2.png?fit=1115%2C452&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":11723,"url":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oil-announces-positive-amendments-to-its-corporate-facility\/","url_meta":{"origin":10735,"position":4},"title":"Africa Oil announces Positive Amendments to its Corporate Facility","author":"","date":"January 31, 2022","format":false,"excerpt":"Africa Oil has announced a number of positive amendments to its Corporate Facility. All lenders have approved increasing the available amount to $100 million from the current unutilized amount of $62 million, and extending the availability period to December 31, 2022, from May 13, 2022. The Corporate Facility maturity date\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/10\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":11939,"url":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oil-announces-record-financial-results-and-2022-management-guidance\/","url_meta":{"origin":10735,"position":5},"title":"Africa Oil Announces Record Financial Results and 2022 Management Guidance","author":"","date":"March 1, 2022","format":false,"excerpt":"Highlights Record full-year net income of\u00a0$190.7 million\u00a0or\u00a0$0.40\u00a0per share. Cash balance at\u00a0December 31, 2021\u00a0of\u00a0$58.9 million. Our corporate facility has been fully repaid and\u00a0$100m\u00a0of the facility remains available for general corporate purposes until\u00a0December 2022. The Company will institute a shareholder dividend policy with an initial 2022 aggregate annual distribution of\u00a0$0.05\u00a0per share (approximately\u00a0$25\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Africa-Oil-nigeria-assets.png?fit=1115%2C452&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=10735"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10735\/revisions"}],"predecessor-version":[{"id":10736,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10735\/revisions\/10736"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/9001"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=10735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=10735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=10735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}