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Africa Oil Corp Names Pascal Nicodeme As CFO
Africa Oil Corp Says Qtrly Loss Per Share $0.02
Africa Oil Says Co's Unit Entered Into Farmout Agreement With Azinam
Africa Oil Corp. (AOC) is a Canada-based oil and gas exploration and development company. The Company has oil and gas interest in Kenya and Ethiopia. The Company focuses on the acquisition, exploration and development of oil and gas assets, located in under-explored geographic areas, in the early phase of the upstream oil and gas life-cycle. The Company has explored on multiple onshore exploration blocks in various geological settings in East Africa. It has made various oil discoveries in the South Lokichar Basin (Blocks 10BB and 13T) located in the Tertiary Rift trend in Kenya. The Company's appraisal activities include extended well testing, appraisal drilling and engineering studies and sanctioning development of the oil fields in the South Lokichar Basin. Its blocks 10BA, 10BB, 12A, 13T, South Omo, and the Rift Basin Area are located in the East African Tertiary Rift trend. It has interests in Block 9, Block 10BB, Block 12A, Block 13T, Block 10BA, South Omo and Rift Basin Area.
Oil & Gas Operations
2000-885 Georgia St W
Keith C. Hill
President, Chief Executive Officer, Director
Ian W. Gibbs
Chief Financial Officer, Director
Timothy J. Thomas
Chief Operating Officer
Vice President, Operations
Vice President Exploration
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The Kenyan government has signed agreements with oil major Total, Tullow Oil < and Africa Oil Corp to develop a 60,000-80,000 barrels per day crude processing facility for oil discovered in the country's northwest.
Kenya's government, and oil firms Tullow Oil, Total and Africa Oil Corp have signed agreements for the development of a 60,000-80,000 barrels per day crude oil processing facility for oil discovered in the country's north west, the Petroleum and Mining Ministry said on Tuesday...
Brazil's Petroleo Brasileiro SA will sell its 50 percent stake in a Nigerian oil and gas exploration venture to a consortium led by top oil trader Vitol for $1.53 billion, the latest step in the state-controlled oil company's debt reduction drive, according to a securities...
* ACQUIRED 145 MILLION COMMON SHARES OF AFRICA ENERGY CORP FOR C$0.16 PER COMMON SHARE
Companies developing Kenya's first oilfields expect to conclude agreement on construction of an export pipeline by the middle of this year, according to Toronto-listed Africa Oil, one of the partners.
* ENTERED INTO AGREEMENTS THAT WILL PROVIDE IT WITH AN APPROXIMATELY 25.2% EQUITY INTEREST IN IMPACT OIL AND GAS LIMITED Source text for Eikon: Further company coverage: ( Bangalore.email@example.com )
* Africa Oil Corp. acquires shares of Eco (Atlantic) Oil and Gas Ltd.
* Africa Oil and Eco (Atlantic) oil and gas announce strategic partnership
* Companies have agreed to payment terms related to $75 million advance development carry
Africa Oil and its partners in Kenya will drill up to eight exploration and appraisal wells starting from December to boost proven resources and improve financing prospects for field development and an export pipeline, an executive said.
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