Kenya, Uganda to commence oil production in mid 2020 – Tullow Oil

Kenya and Uganda could start producing oil three and a half years after project sanction expected by the end of 2016 according to the latest half year results by the … Read More

Africa Oil Closes US$100 Million Financing To East Africa Program

Africa Oil has announced that it has closed the US$100,000,000 non-brokered private placement previously announced pursuant to an Investment Agreement dated May 1, 2015 have been released to Stampede Natural … Read More

Africa Oil Receives US$100 Million To Finance Appraisal And Development Work Program In East Africa.

Africa Oil has announced that it has entered into an investment agreement with Stampede Natural Resources S.a.r.l. an entity owned by a fund advised by Africa-focused investment firm Helios Investment … Read More

Tullow Oil, Africa Oil strike more oil in Kenya’s Blocks 10BB and 13T

The Ngamia field continued to register positive results with the Ngamia 7 appraisal well which was drilled to test the Ngamia oil field’s eastern flank encountering up to 130 metres … Read More

Tullow, Africa Oil to drill up to 6 basin openers in Northern Kenya in 2015

  Tullow Oil and Africa Oil say they plan to drill 6 basin openers in North Western Kenya’s North Lokichar basin, Kerio basin as well as in North Turkana according … Read More

Swala Energy Completes 2014 Seismic Programme over Tanzania’s Kilombero Basin

Swala Energy Limited has announced that has successfully completed its 430km 2D seismic programme over the Kilombero Basin in central Tanzania. As the Company earlier announced in October 2014, initially … Read More