Africa Oil

Latest Africa Oil News

• Net proceeds of the private placement will be used towards Horn Petroleum's ongoing work program in Puntland, Somalia and for general working capital purposes.

• The Shabeel well has reached a total depth of 3,470 meters and has encountered metamorphic basement at a depth of 3,430 meters and is currently being suspended for future testing.

• The NG O&G Africa Summit will serve as an arena for C-level executives to meet, network, and assess the rapidly evolving topography of the oil and gas industry in a lively, closed door environment.

• The Ngamia-1 exploration well in Kenya has now been deepened to a total depth of 1515 meters and has encountered in excess of 100 meters of net oil pay in multiple reservoir zones over a gross interval of 650 meters.
• The Ngamia-1 well will now be drilled to a depth of approximately 2,700 meters to explore for deeper potential including the Lokhone sandstone which was one of the primary objectives of this well.

• The Ngamia-1 exploration well in Kenya has encountered over 20 metres of net oil pay.
• The well will now be drilled to a depth of approximately 2,700 metres to explore further potential.

• Tullow Oil announces that the Ngamia-1 exploration well in Kenya has encountered in excess of 20 metres of net oil pay.

• Ngamia-1 well on Block 10BB in Kenya is currently at a depth of 1,040 metres.
• Shabeel-1 well on the Dharoor Block in Puntland, Somalia is currently at a depth of 2,383 metres and is drilling.

• Work progressing ahead of schedule.
• Two exploration leads already identified early in the study.
• Positive industry developments in the region.
• Tullow and Africa Oil to commence drilling in Kenya close to Block 2A.

• Africa Oil Corp. announce the spudding of the Ngamia-1 well on Block 10BB, Kenya. Tullow Oil plc is the operator with a 50% working interest and Africa Oil holds the remaining 50%.

• Africa Oil Corp. announce the spudding of the Shabeel-1 well on the Dharoor Block in Puntland, Somalia and, operator, Horn Petroleum Corporation, is currently preparing to drill ahead to a total planned maximum depth of 3800 meters.

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