Tullow Oil to conduct well testing in Ethiopia

Story by KALEYESUS 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 crew had reached the targeted …

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Oil search gets boost with new drilling in Northern Kenya

By Business Daily – Canadian oil and gas explorer Africa Oil Corp awarded Weatherford International Ltd a contract for a drilling rig for an exploration well it plans to sink in northern Kenya, with its partners, later in the year. The exploration firm and its joint venture partners hold exploration licences in Kenya, Ethiopia and …

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Oil opportunities in Africa

Oil opportunities in Africa By KPMG Africa Africa is presently enjoying an upward growth curve, and part of the reason for this is its large new oil discoveries. The oil industry is a big mover and shaker and so development in this sector could, if done right, mean increased employment, increased foreign skill and capital investment, boosted trade …

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Oryx Petroleum not fruitful in Congo Brazzaville

The Jasper Explorer Drillship spudded the H-1 well targeting the Horse prospect (formerly Ma) in early September and reached a total depth of 5,522 metres in late November. The well was drilled in 1,038 metres of water 80 kilometres offshore Congo (Brazzaville) in the western portion of the Haute Mer A license area. Primary targets were the …

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Duma merges with Hydrocarb Energy Corporation

Duma Energy Corp. has announced it has signed a Definitive Stock Exchange Agreement with Hydrocarb Corporation whereby 100% of all the outstanding stock of Hydrocarb will be acquired by Duma. Duma’s board of directors approved the acquisition and the agreement was signed on November 27, 2013 after receiving an independent oil resource estimate for its oil and …

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3rd Annual East Africa Oil & Gas Summit 2014 Set For Dar Es Salaam

Tanzania will In March 2014 host the East Africa Oil and Gas summit in Dar es Salaam that is meant to discuss the developments, challenges and opportunities of the oil and gas sector in East Africa. The event that will both have a conference and exhibition will discuss current and future oil and gas developments …

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Statoil makes another high-impact natural gas discovery offshore Tanzania

Statoil and co-venturer ExxonMobil has today announced its fifth discovery in Block 2 offshore Tanzania. The discovery of an additional 2-3 trillion cubic feet (Tcf)* of natural gas in place in the Mronge-1 well brings the total of in-place volumes up to 17-20 Tcf in Block 2. Mronge-1 is drilled by the drillshipDiscoverer Americas, and …

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Bowleven’s oil exploration survey in Kenya’s Block 11B encouraging

Bowleven plc an independent exploration and development company with interest in Kenya and Cameroon has announced that it a survey carried over block 11B shows positive signs. A communication from the company today said it had almost completed the airborne geophysical survey (FTG) over Block 11B is now largely complete and initial findings were that …

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Bowleven gets Zambia exploration blocks

Following participation in the recent Zambian license round Bowleven has been notified by the Ministry of Mines, Energy and Water Development that bids for exploration blocks 25, 28 and 29 have been successful. Following this notification, and as part of the formality of the award process, we have now applied for the Petroleum Exploration Licenses …

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Ophir contemplates $1.3bn Tanzania offshore blocks sale to Pavilion

Story by: The East African – Shareholders of oil and gas explorer Ophir Energy will in the next two weeks in London vote on whether the company should sell a 20 per cent stake in three key blocks off the shore of Tanzania to Singapore based Pavilion Energy. The London Stock Exchange (LSE) listed company …

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