Killajoules

Essar Energy to exit Kenya Petroleum Refineries Ltd
Essar Energy plc [LSE: ESSR], the India-focused integrated energy company, today announced that it intends to exit from its 50% owned joint venture business Kenya Petroleum Refineries Ltd (KPRL), which operates the oil refinery in Mombasa, Kenya.

Essar Energy, through its subsidiary Essar Energy Overseas Limited, has exercised a put option under the shareholders’ agreement to sell its stake in KPRL to the Government of Kenya, which owns the remaining 50% interest in the Mombasa refinery.

This decision by Essar Energy follows an extensive series of studies by international consultants into the technical, economic and funding elements of an upgrade of the Mombasa refinery. Following these studies, Essar Energy believes that the upgrade is not economically viable in the current refining environment.

Essar Energy will continue to work closely with the Government of Kenya to ensure a smooth
transition of ownership.

Essar Energy acquired its 50% stake in KPRL in July 2009 for a total consideration of US$7 million from BP, Chevron and Royal Dutch Shell. Under the terms of the shareholders’ agreement established with the Government of Kenya at the time of the acquisition, Essar Energy has the right, under certain conditions, to exercise a put option under which the Government of Kenya would buy Essar Energy’s 50% share of KPRL for US$5 million.

Ekales-1 Oil Discovery in Kenya
Tullow Oil plc (“Tullow”) is pleased to announce that the Ekales-1 wildcat, located in Block 13T in Northern Kenya, has made a new oil discovery. Results of drilling, wireline logs and samples of reservoir fluid indicate a potential net oil pay in the Auwerwer and Upper Lokone sandstone reservoirs of between 60 and 100 metres. Future flow testing aims to confirm productivity from these zones.

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.

Twiga South-1 Oil Discovery
Tullow Oil plc (Tullow) announces that the Twiga South-1 exploration well in Block 13T, onshore Kenya, has encountered 30 metres of net oil pay with further potential to be assessed on test and has also encountered a tight fractured rock section with hydrocarbon shows over a gross interval of 796 metres.

Vanoil Completes 100km2 3D Seismic and Gravity Survey
Vanoil Energy Ltd. ("Vanoil") is pleased to announce that it has completed a 100km2 3D seismic and gravity survey over its western leads in block 3A in Kenya. This is the first 3D seismic survey ever completed onshore in Kenya and it complements the 845km of 2D seismic acquired by Vanoil in previous years. A suite of substantial drilling targets have been defined on block 3A within the surveyed area and Vanoil plans to select its first two well locations by the end of November.

Twiga South-1 Drilling Update
Following media speculation in Kenya, Tullow Oil plc (Tullow) announces that the Twiga South-1 exploration well in onshore Kenya Block 13T has successfully encountered oil. Drilling is on-going and, as previously stated by partners Africa Oil Corp (Africa Oil) on October 26 2012, an announcement of the drilling result is expected in early to mid-November after target depth has been achieved and necessary sampling and analysis has been completed.

Mbawa-1 Drilling Update
Tullow Oil plc (Tullow) announces that the Mbawa-1 exploration well in the L8 licence area, offshore Kenya, has encountered gas in the shallowest objective.

Drilling commences in offshore Kenya
Origin Energy advises that L-8 operator Apache Corporation has, on behalf of the joint venture, commenced drilling the Mbawa Prospect in Kenya. The Mbawa 1 exploration well spudded at 6:00 hours local time on 10 August 2012.

Vanoil Receives Seven Month Extension
Vanoil Energy Ltd. ("Vanoil" or the "Company") is pleased to announce that it has received the requested seven month extension to its Production Sharing Contract from the Kenyan Ministry of Energy. This extension extends the contact from September 30, 2012 to April 30, 2013.

Eni enters Kenya with the acquisition of three exploration blocks
Eni announces the signing of three product sharing contracts, awarded by the government of Kenya, for the acquisition of exploration blocks: L-21, L-23 and L-24, thus marking the entry of Eni in the country. The blocks are located in the deep and ultra-deep waters of the Lamu Basin, off the coast of Kenya.