{"id":14031,"date":"2023-11-01T11:14:51","date_gmt":"2023-11-01T11:14:51","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=14031"},"modified":"2023-11-01T11:20:53","modified_gmt":"2023-11-01T11:20:53","slug":"sudan-wildcat-petroleum-raises-450000-towards-bamboo-oilfield-development-deal","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/sudan-wildcat-petroleum-raises-450000-towards-bamboo-oilfield-development-deal\/","title":{"rendered":"SUDAN: Wildcat Petroleum Raises \u00a0\u00a3450,000\u00a0Towards Bamboo Oilfield Development, Eyes First Oil in Q1 2024"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Wildcat Petroleum announces that it has raised \u00a3450,000 (gross) under difficult market conditions to see the Company through the next 12 months(+), as well as covering the cost of signing the oil developmental deal. The company adds that the placing was heavily oversubscribed (large demand) and investors had to be scaled back.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bamboo oilfield is one of the major producing oil field in Sudan containing\u00a0506 MILLION BARRELS\u00a0(STOIIP). The field is to be renamed the\u00a0WILDCAT FIELD and has been earmarked by Sudanese Ministry of Energy &amp; Oil for development by Wildcat.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Wildcat adds that the deal will lead to the company becoming a producing and profitable company in 2024 as to when first oil production is expected to be achieved in the first quarter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company adds that the temporary representative office has been opened in the South Sudanese capital, Juba to provides alternative access to the Bamboo oil field through South Sudan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wildcat Petroleum announces that it has raised \u00a3450,000 (gross) under difficult market conditions to see the Company through the next 12 months(+), as well as covering the cost of signing &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/sudan-wildcat-petroleum-raises-450000-towards-bamboo-oilfield-development-deal\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":14032,"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":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7446,11],"tags":[11378,11379,2422,9891],"class_list":["post-14031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-north-africa","category-top-news","tag-bamboo-oilfield","tag-ministry-of-energy-oil","tag-sudan","tag-wildcat-petroleum","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/11\/Sudan-Wildcat-field.png?fit=585%2C738&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3Ej","jetpack-related-posts":[{"id":14530,"url":"https:\/\/www.oilnewskenya.com\/index.php\/south-sudan-wildcat-petroleum-signs-mou-with-nile-petroleum-corporation\/","url_meta":{"origin":14031,"position":0},"title":"SOUTH SUDAN: Wildcat Petroleum Signs MOU with Nile Petroleum Corporation","author":"","date":"September 17, 2024","format":false,"excerpt":"Wildcat Petroleum has announced it has entered into a Memorandum of Understanding (MOU) with Nile Petroleum Corporation (Nilepet), the National Oil and Gas Corporation of South Sudan, to collaborate together for acquiring the assets held by Petronas Carigali Nile Limited (PCNL), a subsidiary of Petronas Nasional Berhad (together PETRONAS), in\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\/2024\/01\/Wildcat_Logo.png?fit=400%2C505&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":11760,"url":"https:\/\/www.oilnewskenya.com\/index.php\/wildcat-petroleum-announces-appointment-of-africa-focused-upstream-oil-gas-consultancy\/","url_meta":{"origin":14031,"position":1},"title":"Wildcat Petroleum Announces Appointment of Africa-focused Upstream Oil &#038; Gas Consultancy","author":"","date":"February 7, 2022","format":false,"excerpt":"Wildcat Petroleum a company targeting investment opportunities in business and assets within the upstream sector of the petroleum industryhas announced the appointment of PETRO-TEC (PT) as petroleum consultants. PT is an international petroleum consultancy specialising in development, planning and reservoir management. They are experts in the field of Enhanced Oil\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\/2022\/02\/Wildcat_Logo.png?fit=400%2C505&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":12742,"url":"https:\/\/www.oilnewskenya.com\/index.php\/sudan-wildcat-petroleum-signs-mou-with-oil-ministry-to-increase-production-by-100000bopd\/","url_meta":{"origin":14031,"position":2},"title":"SUDAN: Wildcat Petroleum Signs MoU with Oil Ministry to Increase Production by 100,000bopd","author":"","date":"October 17, 2022","format":false,"excerpt":"Wildcat Petroleum has signed an MOU to work in collaboration with the Sudanese Oil Ministry to advance the development and commercial exploitation of hydrocarbon assets in Sudan. The MOU is for an initial period to 31 December 2022 and can be extended upon both parties approval. The ultimate aim is\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\/2022\/10\/Sudan-oil-blocks.jpg?fit=602%2C426&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/10\/Sudan-oil-blocks.jpg?fit=602%2C426&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/10\/Sudan-oil-blocks.jpg?fit=602%2C426&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":14129,"url":"https:\/\/www.oilnewskenya.com\/index.php\/sudan-wild-petroleum-eyes-neighboring-countries-as-unrest-sudan-continues\/","url_meta":{"origin":14031,"position":3},"title":"SUDAN: Wild Petroleum Eyes Neighboring Countries as Unrest Sudan Continues","author":"","date":"January 8, 2024","format":false,"excerpt":"Wild Petroleum will pursue neighbouring Sudan's countries such as Chad, South Sudan, Niger, Ethiopia, Eritrea and Libya as the conflict continues to derail its planned production in 4 producing oil blocks. \"Although the Company is fully committed to establishing profitable Sudanese oil production in 2024, it will however pursue any\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/01\/Wildcat_Logo.png?fit=400%2C505&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":13915,"url":"https:\/\/www.oilnewskenya.com\/index.php\/south-sudan-wildcat-petroleum-opens-office-in-juba\/","url_meta":{"origin":14031,"position":4},"title":"SOUTH SUDAN: Wildcat Petroleum opens office in Juba","author":"","date":"September 4, 2023","format":false,"excerpt":"The current political unrest in the Republic of Sudan which flared up on the 15th\u00a0April has not fully resolved itself. However the Sudanese oil industry infrastructure has not been affected and the oil fields located around the Sudanese town of Heglig are still in operation. Since the start of the\u2026","rel":"","context":"In &quot;Eastern Africa&quot;","block_context":{"text":"Eastern Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/eastern-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/09\/Wildcat_Logo.png?fit=400%2C505&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":12556,"url":"https:\/\/www.oilnewskenya.com\/index.php\/wildcat-petroleum-provides-update-for-sudan-chad-and-south-sudan\/","url_meta":{"origin":14031,"position":5},"title":"Wildcat Petroleum Provides Update for Sudan, Chad and South Sudan","author":"","date":"August 10, 2022","format":false,"excerpt":"New areas of interest include Sudan, Chad and South Sudan. Back on the 9th\u00a0May the Company signed a reconnaissance licence for 20 offshore blocks in Sierra Leone territorial waters. REPUBLIC OF SUDAN WCAT has recently set up a Representative Office in the Sudanese capital Khartoum. This office will act as\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/02\/Wildcat_Logo.png?fit=400%2C505&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14031","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=14031"}],"version-history":[{"count":4,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14031\/revisions"}],"predecessor-version":[{"id":14036,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14031\/revisions\/14036"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/14032"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=14031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=14031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=14031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}