Africa Oil Exits Kenya’s Block 12A
Africa Oil has withdrawn from Block 12A according to its fourth quarter financial and full year financial and operating results and written off $2.0 million in intangible exploration assets relating … Read More
Tag: Cheptuket well
Tullow Oil Expresses Optimism Despite Disappointment at Cheptuket
Tullow Oil has said despite the Cheptuket well discovering oil it was pleasing that the company established a petroleum system in the unexplored Kerio basin the first by the company … Read More
Tullow Oil Hits Dry Well in Cheptuket Well in Block 12A – Source
Three months after the drilling of the wildcat well in block 12A commenced OilNews Kenya has learnt from a source who chose to be anonymous that the well has since … Read More
Tullow Oil announces Farm-Down to Delonex Energy in Kenya’s Block 12A
Kenya’s Block 12A operator Tullow Oil has announced it has agreed to farm-down 25% of its 65% operated working interest in Block 12A to Delonex for a carry. The block … Read More
Marathon Oil Exits from Kenya and Ethiopia
Almost six months after Marathon Oil announced it had sought bids for of its onshore blocks in East Africa the American explorer has exited the region as the company focuses … Read More
Tullow Oil Pushes Kenya’s Block 12A Basin Opener Drilling to Q1 2016
Block 12A basin opener Cheptuket exploration well earlier set to start drilling in October 2015 has been pushed forward to 2016 according to block operator Tullow Oil. The well which … Read More
Africa Oil in $100m Equity Raise to fund exploration, appraisal plans in South Lokichar onshore Kenya
Africa Oil has announced plans to raise US$100m in new equity through a private placement to fund the ongoing appraisal and pre-development activities in the core South Lokichar Basin onshore … Read More