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East Africa Operational Update
Tullow Oil plc (“Tullow”) provides an update on progress with the Sabisa-1 well in Ethiopia and announces a successful first flow test of the Ngamia-1 well in Kenya.

date.png15 Apr 2013 11:11 | comments.png 0 Comments | tags.png africa ethiopia 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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