Somaliland Oil Discovery, A Welcome Gift to the Horn of Africa
Despite over a decade of oil exploration in the horn of Africa, a working petroleum system, easy access to the market and over 60 wells, the dream of a commercial … Read More
Tag: Jacka Resources
2D seismic Acquisition Commences on the Odewayne & SL-10B/13 Blocks, Somaliland
Odewayne and SL-10B/13 Blocks operator Genel Energy has said that 2D seismic acquisition project commenced in March as part of a Somaliland government owned speculative 2D seismic acquisition project and … Read More
Sterling Energy Revises Farmout Agreement For Odewayne Block, Somaliland
Sterling Energy has announced that it has agreed with Petrosoma Limited to revised terms of the Farmout Agreement between Sterling Energy (East Africa) Limited (SEEAL) and Petrosoma dated October 2013. … Read More
Jacka Resources Still Considering Withdrawal from Tanzania’s Ruhuhu Block
Ruhuhu Basin operator Jacka Resources has said it is considering the negotiated withdrawal of Tanzania’s Ruhuhu Block after an unsuccessful farm-out campaign it initiated in September 2014. This is the … Read More
Jacka Resources Considers Relinquishment of Tanzania Ruhuhu Block
ASX listed Jacka Resources has said its management is exploring all options including relinquishment as farm-out campaign initiated in September 2014 and which has not seen much interest thus far. … Read More
Uncertainty over legitimacy of PSC’s in Somalia keeps explorers at bay
Over the past few months a number of explorers searching for oil and gas in Puntland and Somaliland have closed shop as border wrangles between the autonomous states Somalia continue. … Read More
Oil Potential in Tanzania’s Ruhuhu Block placed at 3.6 BOE
Australian explorer Jacka Resources has said a prospective resource assessment at the Ruhuhu Block has set the highest estimate at 3.6 billion barrels of oil in both convectional and unconventional … Read More
Jacka Resources initiates Tanzania’s Ruhuhu Block farm-out campaign
[twitter-follow screen_name=’oilnewskenya’] Jacka Resources has announced it has initiated a farm-out campaign after being approached by a number of parties interested in the license in its Ruhuhu Block. This continues … Read More
Jacka Resources planning farm-out in Tanzania ahead of seismic in 2015
Jacka Resources has announced that it will be farming out its Ruhuhu block ahead of its planned seismic acquisition in the first half of 2015 according to the company’s latest … Read More
Jacka Resources executives to leave company in Q4 2014
Jacka resources, a company with core focus is in North Africa, West African Transform Margin and East Africa rift basins has announced that the managing director and the chief financial … Read More