Taipan Resources Adjusts Estimated Prospective Resources on Kenya’s Block 1

Taipan Resources has announced that an independent assessment of the Company’s prospective resources on Block 1, northern Kenya has been completed by RPS Energy in the United Kingdom raising the total gross … Read More

FAR raises $46.7 million to fund exploration ventures in Africa and Australia

FAR Ltd has completed a placement to institutional and sophisticated investors to raise $46.7 million before expenses by issuing 424,961,685 shares. The capital raising follows the significant oil discovery in … Read More

Swala Energy to raise $4.4M to fund activities in Kenya and Tanzania

Swala Energy Limited has announced a Share Purchase Plan to raise up to A$5.0 million (US $4.4 million) to fund additional near-term work on the Company’s Tanzanian and Kenyan licences, … Read More

WHL Energy says initial data from Junon 3D seismic data encouraging

Australian explorer WHL Energy has announced it received the initial ‘fast-track’ data volume from the Junon 3D seismic survey acquired offshore the Seychelles by the Ophir Energy/WHL Energy JV in July 2014. WHL says this … Read More

PetroServices eyes expansion into the East African market

German oil field supplier and service provider PetroServices has said it is looking into opening an office in Kenya to tap into the expanding oil and gas sector. According to … Read More

Indication of oil in Lidongo X Marine 101 well offshore Congo

SOCO has announced that SOCO EPC, operator of the Marine XI Block offshore the Republic of Congo (Brazzaville), has completed drilling the exploration well Lidongo X Marine 101 well. According … Read More

Solo Oil acquires interest in Kiliwani North Gas Field, Tanzania

Solo Oil plc has announced that it has signed binding heads of agreement to acquire an initial 6.5%  interest in the soon to be producing Kiliwani North Development License in … Read More

Statoil, Exxon Mobil discover an additional 1.2TCF in Giligiliani-1 well offshore Tanzania

Statoil and co-venturer Exxon Mobil have announced that the Giligiliani-1 exploration well has resulted in a new natural gas discovery offshore Tanzania. The discovery of an additional 1.2 trillion cubic … Read More