Initial 2D seismic on Kenya’s block L19 encouraging – Rift Energy

Initial 2D seismic on Kenya’s block L19 encouraging – Rift Energy

Rift energy has said the initial exploration program on block L19 have been very encouraging and confirm that it is a viable project. According to the latest investor update Rift energy says it has identified multiple drillable structures with data from the seismic confirming the company’s original total recoverable potential in the range of a … Continue reading

Uganda’s crude oil reserves estimates nearly double in new adjustment

Uganda’s crude oil reserves estimates nearly double in new adjustment

Uganda’s petroleum exploration and production department has put its estimated crude oil reserves at 6.5 billion barrels from the previous 3.5 billion barrels. The department is quoted by Wall Street Journal saying that the new figures follow the appraisal of oil blocks held by Tullow oil, Cnooc limted and Total S.A. “The increase in resources … Continue reading

Africa oil withdraws from Ethiopia’s block 7 and 8

Africa oil withdraws from Ethiopia’s block 7 and 8

Africa Oil has announced it will be withdrawing from blocks 7 and 8 in the Somali region where it has 30 percent interest together with New age which is the operator with 40 percent and EAX with 30 percent. The company says its decision has been informed by its concerns over the commerciality of the … Continue reading

Afren suspends two more directors amid corruption investigations

Afren suspends two more directors amid corruption investigations

Afren  has announces that the Board has temporarily suspended another two directors Iain Wright and Galib Virani, both Associate Directors of the Company. This folloes the announcement by the Company on 31 July 2014 where it suspended  the CEO, Osman Shahenshah, and the COO, Shahid Ullah. Afren adds it has continued its investigation in relation … Continue reading

Africa Oil, Marathon Oil initiate drilling of Sala-2 appraisal well

Africa Oil, Marathon Oil initiate drilling of Sala-2 appraisal well

Africa Oil and its partner in block 9 Marathon have announced the start of drilling of the Sala-2 appraisal well following the discovery of gas in the Sala -1 well. The sala-2 appraisal well according to a statement from the partners is designed to test the updip extent of this main reservoir sand.Sala-2 will particularly … Continue reading

Tullow Oil, Africa Oil discover more oil in North Western Kenya

Tullow Oil, Africa Oil discover more oil in North Western Kenya

Tullow Oil plc and its partner Africa Oil have announced a new round of successful results from a series of exploration, appraisal and testing activities conducted in Blocks 10BB and 13T onshore Kenya. Amosing-2 appraisal well The Amosing-2 well in Block 10BB is the first appraisal well on the Amosing field discovered in January 2014, … Continue reading