Far Ltd to drill 2 wells in Kenya’s block L6 in 2015

Far Ltd to drill 2 wells in Kenya’s block L6 in 2015

Australian explorer Far Ltd intends to drill one onshore and one offshore well in the last quarter of 2015 according to the latest presentation by the company at the Resources Rising Star Conference. Offshore the company is currently progressing a farm out initiative for drilling an offshore well with the process expected to be complete … Continue reading

Rift Energy enters second exploration phase in Kenya’s Block L19

Rift Energy enters second exploration phase in Kenya’s Block L19

Rift Energy Corp. has announced it is entering into the first additional two-year exploration program on Block L19 in Kenya after meeting or exceeding all contractual requirements of the initial two-year exploration program. Under the additional two-year exploration program on Block L19 Rift Energy is now obligated to either acquire 500 KM of 3D seismic … Continue reading

Opinion: Kenya Somalia maritime border dispute could throw whole region into dispute

Opinion: Kenya Somalia maritime border dispute could throw whole region into dispute

A maritime border dispute case filed by Somalia before the International Court of Justice is likely to affect other countries in the region should the court rule in Somalia’s favor. The case that has currently been shelved as the two countries try a new round of dialogue would also place three Tanzanian blocks in dispute … Continue reading

Swala Energy seeks arbitration after CEPSA withdrawal from Kenya’s Block 12B

Swala Energy seeks arbitration after CEPSA withdrawal from Kenya’s Block 12B

Swala Energy Limited advises that its wholly-owned subsidiary, Swala Energy (Kenya) Limited, has referred to arbitration a dispute with CEPSA Kenya Limited (“CEPSA”) in connection with CEPSA’s withdrawal from Block 12B in Kenya. CEPSA farmed in to Block 12B in Kenya and acquired a 25% equity interest. Upon electing to withdraw from the licence, CEPSA … Continue reading

Soma Oil & Gas to sponsor 2nd Somalia Oil & Gas Summit

Soma Oil & Gas to sponsor 2nd Somalia Oil & Gas Summit

Somalia-focused oil and gas Exploration Company Soma Oil & Gas Exploration Limited has announced it will be sponsoring the Somalia Oil & Gas Summit for the second year running. Following the success of the inaugural event last year, the Somalia Oil & Gas Summit 2014 will be taking place on 20 October 2014, at the … Continue reading

Africa Oilfield Logistics Ltd seeks to fully acquire Ardan Logistics Kenya Limited

Africa Oilfield Logistics Ltd seeks to fully acquire Ardan Logistics Kenya Limited

Africa Oilfield Logistics Ltd has announced that the Board has decided to exercise the call option granted to it pursuant to the framework and option agreement announced on 28 March 2014 to acquire the entire issued share capital of Ardan Logistics Kenya Limited. Exercise of the Call Option constitutes a reverse takeover under the AIM … Continue reading