{"id":1694,"date":"2014-08-29T10:45:57","date_gmt":"2014-08-29T07:45:57","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=1694"},"modified":"2015-09-04T09:52:49","modified_gmt":"2015-09-04T09:52:49","slug":"africa-oil-withdraws-from-ethiopias-block-7-and-8","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/africa-oil-withdraws-from-ethiopias-block-7-and-8\/","title":{"rendered":"Africa Oil withdraws from Ethiopia\u2019s block 7 and 8"},"content":{"rendered":"

[twitter-follow screen_name=’oilnewskenya’]<\/p>\n

Africa Oil has announced it will be withdrawing from blocks 7 and 8 in the Somali region where it has 30 percent interest together with New age which is the operator with 40 percent and EAX with 30 percent.<\/p>\n

The company says its decision has been informed by its concerns over the commerciality of the reservoir as well as doubts over the quality.<\/p>\n

This is despite some hope exhibited by the El kuran-3 well on block 8 that was completed in the first half of the year and showed had some oil and gas shows.<\/p>\n

\u201cThe Company has informed the Ethiopian Government and its partners that it intends to withdraw from Blocks 7 and 8 in the Somali region. Although the El Kuran-3 well did demonstrate some oil and gas potential, the Company does not feel it is warranted to continue efforts at this time due to concerns over reservoir quality and commerciality,\u201d the company said in a statement.<\/p>\n

Elsewhere in Ethiopia the company says it will be continuing with plans to acquire 2D seismic<\/a> in the Rift Basin area while in the South Omo block Africa Oil and its partners say they will be entering into the next exploration period.<\/p>\n

Africa Oil has 30 percent interest in the South Omo basin together with its partners Tullow Oil (operator) and Marathon Oil with 50 percent and 20 percent respectively while in the Rift basin Africa oil (operator) and its partner Marathon have a 50 percent interest each.<\/p>\n

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[twitter-follow screen_name=’oilnewskenya’] Africa Oil has announced it will be withdrawing from blocks 7 and 8 in the Somali region where it has 30 percent interest together with New age which … Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":1695,"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":[11],"tags":[70,287,320,700,725,809,1499,1722,1822,2159,2350,2381,2571],"class_list":["post-1694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-africa-oil","tag-block-8","tag-block7","tag-eax","tag-el-kuran-3","tag-ethiopia","tag-marathon-oil","tag-new-age","tag-ogaden","tag-rift-basin","tag-somali-region","tag-south-omo-block","tag-tullow-oil","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/08\/ethiopia-blocks.png?fit=545%2C368&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-rk","jetpack-related-posts":[{"id":1591,"url":"https:\/\/www.oilnewskenya.com\/index.php\/ethiopias-wells-costs-africa-oil-30-8-million-in-losses\/","url_meta":{"origin":1694,"position":0},"title":"Ethiopia\u2019s wells costs Africa Oil $30.8 million in losses","author":"Samuel Kamau Mbote","date":"August 11, 2014","format":false,"excerpt":"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 well on block 8 which was drilled in the first half of 2014 and which is currently suspended pending further\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3972,"url":"https:\/\/www.oilnewskenya.com\/index.php\/octant-energy-to-purchase-afren-assets-in-tanzania-and-kenya\/","url_meta":{"origin":1694,"position":1},"title":"Octant Energy To Purchase Afren Assets in Tanzania and Kenya","author":"","date":"November 2, 2015","format":false,"excerpt":"Canada-based oil and gas company Octant Energy Corp. has announced that it has entered into three agreements with subsidiary companies of cash strapped Afren PLC to acquire assets in the Republic of Kenya and the United Republic of Tanzania. Afren assets through its wholly owned subsidiary East Africa Exploration EAX\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"Afren Kenya","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/11\/Afren-Kenya.png?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5850,"url":"https:\/\/www.oilnewskenya.com\/index.php\/ethiopia-oil-and-gas-sector-overview\/","url_meta":{"origin":1694,"position":2},"title":"Ethiopia Oil and Gas Sector Overview","author":"","date":"April 5, 2017","format":false,"excerpt":"Ethiopia sedimentary basins are located between old and new discovery areas in the Middle East (Yemen), the East Africa Rift System (Kenya),the Melut and Muglad basins (Sudan and South Sudan). Sedimentary basins cover more than 30 percent of the entire country and the known basins include: Ogaden basin, The Abay\/Blue\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/04\/Petroleum-Concession-Map-Ethiopia.png?fit=613%2C465&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/04\/Petroleum-Concession-Map-Ethiopia.png?fit=613%2C465&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/04\/Petroleum-Concession-Map-Ethiopia.png?fit=613%2C465&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":184,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tullow-oil-to-conduct-well-testing\/","url_meta":{"origin":1694,"position":3},"title":"Tullow Oil to conduct well testing in Ethiopia","author":"Samuel Kamau Mbote","date":"December 8, 2013","format":false,"excerpt":"Story by\u00a0KALEYESUS BEKELE - The British Oil company that is prospecting for oil in South Omo basin in South Ethiopia, Tullow Oil, is to conduct well testing in the second oil exploration well named Tultule-1. Tullow Oil started drilling Tultule1 last September. Reliable sources told The Reporter that the drilling\u2026","rel":"","context":"In "News by others"","block_context":{"text":"News by others","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/news-by-others\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2013\/12\/tullow.png?fit=752%2C582&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2013\/12\/tullow.png?fit=752%2C582&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2013\/12\/tullow.png?fit=752%2C582&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2013\/12\/tullow.png?fit=752%2C582&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":1386,"url":"https:\/\/www.oilnewskenya.com\/index.php\/exploration-activity-not-fuelling-conflict-in-ethiopias-ogaden-region-africa-oil\/","url_meta":{"origin":1694,"position":4},"title":"Exploration activity not fuelling conflict in Ethiopia’s Ogaden region – Africa Oil","author":"Samuel Kamau Mbote","date":"July 5, 2014","format":false,"excerpt":"Africa Oil Statement on Ethiopia Following recent media focus on Africa Oil\u2019s presence in Ethiopia, the company would like to make the following statement to clarify the actual situation on the ground. Africa Oil has interests in several exploration concessions in Ethiopia. It is important to note that in all\u2026","rel":"","context":"In "Oil Politics"","block_context":{"text":"Oil Politics","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/oil-politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/07\/block-8-ethiopia.png?fit=331%2C287&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":536,"url":"https:\/\/www.oilnewskenya.com\/index.php\/international-companies-operating-in-kenya-and-the-blocks-awarded\/","url_meta":{"origin":1694,"position":5},"title":"International companies operating in Kenya and the oil blocks awarded","author":"Samuel Kamau Mbote","date":"February 18, 2014","format":false,"excerpt":"Source:Ministry of Energy and Petroleum Operator\/Contractor Block No. Basin Name Afren\/Lion 1 Mandera Afren\/EAX L17\/L18 Lamu Offshore Simba Petroleum 2A Mandera Lion Petroleum 2B Mandera Vanoil Resources 3A\/3B Anza Africa Oil 9 Anza Tullow Oil\/Africa Oil 10A Anza Tullow Oil\/Africa Oil 10BA\/10BB\/12A\/13T Tertiary Rift Tullow Oil\/Swala Energy 12B Tertiary Rift\u2026","rel":"","context":"In "Oil Politics"","block_context":{"text":"Oil Politics","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/oil-politics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/02\/blocks.jpg?fit=468%2C628&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\/1694","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=1694"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/1694\/revisions"}],"predecessor-version":[{"id":3428,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/1694\/revisions\/3428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/1695"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=1694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=1694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=1694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}