Exploration & Production | Deals - Joint Ventures | Financial Results | Capital Markets | Drilling Program
Africa Oil Corp Focuses On Kenyan Development
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Africa Oil Corp. has announced its 2014 financial and operating results for the three months and year ended December 31, 2014.
Outlook In light of the current and forecast short term oil price environment, the Company has worked closely with Tullow to focus the 2015 work program and budget on advancing the discovered basin development in Blocks 10BB and 13T (Kenya) by undertaking activities aimed at increasing resource certainty and progressing development studies with the intent of submitting a FDP around the end of 2015. The 2015 work program will include multiple appraisal and exploration wells in the discovered basin, EWT's in the Amosing and Ngamia fields and reservoir and engineering studies (including extensive core analysis). In addition, the Africa Oil - Tullow joint venture…Finish this article — free account or subscription
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