SouthWest eyes east Africa oil boom
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- Category: Oil & Gas
- Published on Wednesday, 10 April 2013 06:03
- Written by Super User
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SouthWest Energy of Ethiopia aims to be the latest company to profit from east Africa's oil and gas exploration
Africa Oil eyes commercial finds in Kenya
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- Category: Oil & Gas
- Published on Wednesday, 10 April 2013 05:46
- Written by Super User
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An intensive drilling campaign with partners this year should bring Africa Oil Corp much closer to confirming that Kenya has commercial quantities of oil, it said on Monday.
Chief Executive Keith Hill, whose Canadian-listed firm has interests in its 12 blocks covering 250 000 km2 in the
Swala Energy offers a taste of East African oil and gas
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- Category: Oil & Gas
- Published on Friday, 22 March 2013 04:11
- Written by Super User
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Swala Energy (ASX: SWE) is offering investors exposure to highly prospective petroleum plays in East Africa where a number of major oil and gas discoveries have been made recently.
The company is offering 55 million shares priced at $0.20 each to raise $11 million in its initial public offering, with
Read more: Swala Energy offers a taste of East African oil and gas
10 billion barrels of oil found in Kenya
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- Category: Oil & Gas
- Published on Friday, 22 March 2013 04:20
- Written by Super User
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The Cradle of Mankind is a Great Rift valley that runs through Kenya, created by separating tectonic plates, and so named due to the million-year old human remains that have been discovered there. They are not the only things that have been discovered there; oil drillers claim that preliminary tests suggest a string of fields in the area that
Kenya National Oil to Expand
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- Category: Oil & Gas
- Published on Friday, 22 March 2013 04:05
- Written by Super User
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Kenya government-owned National Oil Corporation has embarked on a regional expansion exercise that will see it build the requisite capacity to service increasing customer base in the east African region.
The company announced in Nairobi last week that it will partner with regional governments and other industry
