Ophir Energy Relinquishes Kenya’s Block L9
Kenya’s Block L9 operator has relinquished its interest in the Lamu basin license according to its JV partner Australia’s FAR Ltd. “During the quarter, Ophir Energy, the Operator of the … Read More
Tag: Block L9
Kenya’s Block L6 farmout pushed further to late 2015
[twitter-follow screen_name=’oilnewskenya’] Block L6 operator Australian explorer Far Ltd has said it does not expect a farmout deal on the northern extent of the block until late in 2015. In … Read More
FAR farmout deal in Kenya’s Block L6 unlikely in 2014
Australian explorer FAR Ltd has said that its expected farmout in Block L6 where the company has a 60% interest is unlikely to happen in 2014. In the latest report … Read More
FAR Ltd announces trading halt ahead of major announcement
The securities of FAR Limited will be placed in Trading Halt Session State from the commencement of trading starting today at the request of the Company, pending the release of … Read More
Far Ltd receives term extension in Kenya’s Block L6
Australian explorer Far Ltd has announced that it has received a 1 year extension in the PSC term of Block L6 after the company delayed planned activities Government of Kenya … Read More
FAR Ltd delays 2D seismic acquisition in Kenya’s Block L6 over security concerns
[twitter-follow screen_name=’oilnewskenya’] FAR has said it has delayed a planned onshore well and an onshore 2D seismic survey and associated processing and interpretation in Northern part of coast Kenya due … Read More
Kenya’s parliament backs Vanoil Energy license cancellation
[twitter-follow screen_name=’oilnewskenya’] The energy and transportation committee has backed the decision to terminate the oil exploration license of Vanoil Energy in January this year. In a report tabled in parliament … Read More
Far to reduce its stake to under 25% in Kenya’s block L6
Australian explorer which has a 60 percent equity position and operates block L6 and a 30% equity position in the L9 block in Lamu may be looking into reducing their … Read More