New Turkana crude finds will strengthen export assets value – May 30

SOURCE New Turkana crude finds will strengthen export assets value TUESDAY, MAY 30, 2017 17:31 A TULLOW OIL EXPLORATION RIG IN TURKANA. FILE PHOTO | NMG  The recent announcement by the oil investors in Turkana that a new oil discovery has been made at Emekuya-1 well in Block 13T and an earlier discovery in January […]
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Africa Oil: Kenya Operations Update – April 26

SOURCE   NEWS RELEASES   Information posted is accurate at the time of posting, but may be superseded by subsequent press releases. Apr 26, 2017 Africa Oil: Kenya Operations Update View News Release in PDF Format VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 26, 2017) - Africa Oil Corp. (TSX:AOI)(OMX:AOI) (“Africa Oil”, “AOC” or the “Company”) is pleased to […]
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Take Over bids in the sector and comments on Tullow/Africa Oil

Source: http://www.iii.co.uk/articles/243904/dragon-oil-tempted-%C2%A336bn-bid-approach Snippets regarding Tullow and Africa Oil: “We upgrade Tullow Oil [target price 411p] and Africa Oil to Buy from Neutral, believing that both offer exposure to strategic assets which sit low on the cost curve. Other Buy-rated stocks screening as potentially attractive M&A targets are Genel and Dragon Oil.” Well, it got Dragon right. […]
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Marathon Oil is looking for buyers in Kenya and Ethiopia… If a sale goes through it might help us evaluate AOI´s assets.

http://af.reuters.com/article/investingNews/idAFKBN0O106M20150516   (Credits to S2003)HOUSTON (Reuters) – Marathon Oil Corp is seeking bids for its interest in four onshore exploration blocks in East Africa as the oil and gas company focuses on drilling in U.S. shale formations, its advisor on the sale said on Friday.Marathon, like many other U.S. oil and gas companies, has in recent […]
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Royal Dutch Shell’s $70 billion takeover of BG Group Plc will put Europe¿s largest energy company in the middle of East Africa’s race to export natural gas

Source: http://www.worldoil.com/news/2015/5/13/shell-to-add-firepower-to-bg-assets-in-east-africa-lng-race  – Creds to S2003 LONDON (Bloomberg) — Royal Dutch Shell¿s $70 billion takeover of BG Group Plc will put Europe¿s largest energy company in the middle of East Africa¿s race to export natural gas and is set to boost the chances of Tanzania becoming a major supplier.The acquisition would include stakes in three blocks […]
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