Africa's Oil, Gas and Energy News.
In the latest update by Block 10BB and 13T joint venture partners Tullow Oil and Africa Oil appraisal drilling and Extended Well Tests (EWT) continue to produce positive results. The Amosing … Read More
Africa Oil has announced that it has closed the US$100,000,000 non-brokered private placement previously announced pursuant to an Investment Agreement dated May 1, 2015 have been released to Stampede Natural … Read More
Houston based Exploration Company Marathon Oil is said to have sought bids for of its onshore blocks in East Africa as the company puts more focus on drilling in U.S … Read More
Africa Oil has announced that it has entered into an investment agreement with Stampede Natural Resources S.a.r.l. an entity owned by a fund advised by Africa-focused investment firm Helios Investment … Read More
The Ngamia field continued to register positive results with the Ngamia 7 appraisal well which was drilled to test the Ngamia oil field’s eastern flank encountering up to 130 metres … Read More
Nick Walker who is currently Chief Operating Officer will be leaving the Company to join another Lundin Group Company, Lundin Petroleum AB. Nick’s role in Lundin Petroleum will be the … Read More
Block 10BB Tullow Oil operator and joint venture partner Africa Oil have reported that the Ngamia 7 well located approximately 1.2 kilometres east of Ngamia-3 and was drilled to test … Read More
Horn Petroleum Corporation has announced that it has invoked a new corporate strategy to take advantage of the current downturn in oil prices and intends to aggressively pursue onshore and shallow-water … Read More
The number of drilling rigs in Kenya is expected to significantly fall in Kenya in 2015 as oil companies cut down on exploration as well as the main players’ ramp … Read More
Canadian listed company Africa Oil has announced that it has closed the US$125,000,000 brokered private placement, previously announced on earlier this month having issued an aggregate of 57,020,270 common shares. … Read More
