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Ngamia-1 oil discovery in Kenya Rift Basin
Tullow Oil plc (Tullow) announces that the Ngamia-1 exploration well in Kenya has encountered in excess of 20 metres of net oil pay.
The well, located in the Turkana County of Kenya Block 10BB, was drilled to an intermediate depth of 1,041 metres and has been successfully logged and sampled. Moveable oil with an API greater than 30 degrees has been recovered to surface. This oil has similar properties to the light waxy crude discovered in Uganda.

date.png26 Mar 2012 11:01 | comments.png 0 Comments | tags.png africa africa-oil kenya tullow upstream [ More ]

Africa Oil Closes Farmout With Tullow Oil on Blocks 10A and 10BB and Signs Farmout Agreement for Blocks 12A and 13T
Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE:AOI)(OMX:AOI) is pleased to announce that it has now closed on three blocks out of the previously announced five block farmout transaction with Tullow Oil plc ("Tullow"). To date, the Company and Tullow have closed farmouts related to the South Omo Block (Ethiopia) and Blocks 10BB and 10A (Kenya). Tullow will assume the role of operator of these blocks. The previously announced amendment to the Company's existing farmout agreement with Lion Energy Corp. ("Lion") has also closed. The resulting interests in the three blocks, subject to the Tullow farmout and Lion amending agreements, are as follows:

date.png26 Jan 2011 15:33 | comments.png 0 Comments | tags.png africa africa-oil ethiopia kenya tullow upstream [ More ]
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