Operations update out

Big hits in Ngamia-3 and Amosing-2, mediocre hit in Etom, Ewoi with lackluster flows. Four planned new basin openers coming up in 2014. NEWS RELEASES Aug 28, 2014 Africa Oil Operational Update and Conference Call View News Release in PDF Format VANCOUVER, BRITISH COLUMBIA–(Marketwired – Aug. 28, 2014) - Africa Oil Corp. (“Africa Oil” or the “Company”) […]
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Good summary from Stockhouse

Credits to member vestor111: Also I note that Ngamia has 4 wells on June’s presentation scheduled for 2014.And Amosing has 2 wells scheduled.  BASIN OPENERS Block 10BB; Kodos; North Kerio Basin; Spud Q3/2014 (Unaudited Est 50-100 MMBO) Block 10BB; Epir (formally Aze); Turkana Central Basin; Spud Q4/2014 (Est 343 MMBO) Block 10BA; Engomo (formally Kiboko); Turkana North […]
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Perceptive posters on the Ethiopian operations

A very interesting discussion going on at the Stockhouse forum board regarding the fact that Tullow said they would abandon the are if Gardim was a disappointment. Today (June 24) in the latest news update they stated: “Finally, the Exalo 205 rig is drilling ahead on the Gardim prospect, located in the Chew Bahir basin […]
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RBC Research’s opinion on today’s Shimela-1 news

RBC Research’s opinion on today’s news International News – Headlines Tullow Oil (TLW.L) and Africa Oil (AOI.TO): Shimela-1 is dry Tullow and Africa Oil today announced that their Shimela-1 well, on the South Omo Block in Ethiopia, was unsuccessful. We included only pennies (TLW 1p, AOI C$0.03 per share) in our NAVs for the 36mmbbl prospect, […]
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Davy view on Shimela

Davy View on Shimela Maiden well in Ethiopian Chew Bahir Basin hits water-bearing reservoirs but also signals some early positives DAVY VIEW While disappointing, the Shimela -1 well was a rank wildcat and, as such, a high-risk drilling event. Moreover, the well result contained some early encouraging indications that the basin has a working petroleum […]
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Tullows operational update on Shimela and the Ethiopian basins

Well update – Ethiopia Tullow Oil plc (Tullow) announces that the Shimela-1 well encountered water bearing reservoirs. Shimela-1 in the South Omo Block, onshore Ethiopia, was drilled to test a prospect in a north-western sub-basin of the vast Chew Bahir basin. The frontier wildcat well encountered lacustrine and volcanic rocks including almost 100 metres of net […]
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