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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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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Some interesting new articles

Creds to S2003. Gazprombank¿s GPB Global Signs Oil-Exploration Deal in Ethiopia..http://www.businessweek.com/news/2014-07-21/gazprombank-s-gpb-global-signs-oil-exploration-deal-in-ethiopiaAfrica pipeline update: July 2014..http://www.energyglobal.com/news/pipelines/articles/Africa-pipeline-update-July-2014-657.aspx?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+EnergyGlobal-Pipelines+(Energy+Global+-+Pipelines+news+articles)#.U84VL_l_t9U  
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Africa Oil releases update

Jul 14, 2014 Africa Oil Operations Update View News Release in PDF Format VANCOUVER, BRITISH COLUMBIA–(Marketwired – July 14, 2014) - Africa Oil Corp. (TSX:AOI)(OMX:AOI) (“Africa Oil” or the “Company”) today announces that the Gardim-1 exploration well, drilled on the eastern flank of the Chew Bahir Basin in the South Omo licence, onshore Ethiopia, has reached […]
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New article about new seismics in Ethiopia by Africa Oil

Africa Oil to conduct seismic survey in southern Ethiopia  Print  Email “Tuesday, 08 July 2014 07:24 Africa Oil is currently carrying out three projects in Ethiopia. Canadian-based oil firm Africa Oil will collect seismic data from a new oil exploration block in Arba Minch, southern Ethiopia Africa Oil acquired the new oil exploration block in southern […]
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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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SEB´s take on Africa Oil after Shimela miss (from internal mail) May 23

Chew Bahir basin opener Shimela-1 in Ethiopia found traces of gas, but no oil. Pre-drill expectations were 47.5mb gross prospect resources but just 15% chance of success. Our risked value was SEK 0.04/share. No change to SEK 80 target. Operator Tullow says that outcome does not change risk assessment for the next Chew Bahir well Gardim-1, prospect […]
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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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Broker analysts guesstimates of share price impact (May 23)

Before market open in Stockholm this morning, there was a summation of different broker analysts on how the share price would be impacted. Merryl Lynch guessed a 2-3% decline, Exane BNP Paribas set it to 5%, RBC 3%, Pareto Securities 2-4% and then there was a late update where UBS said they guessed a 10% fall […]
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