Africa Oil Relinquishes Ethiopia’s South Omo Block
Africa Oil has reported that during the fourth quarter of 2016, the Company elected to relinquish its 15% working interest in the South Omo Block (Ethiopia) at the end of … Read More
Tag: Chew Bahir Basin
Ethiopia’s wells costs Africa Oil $30.8 million in losses
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 … Read More