Davy´s take on update

Creds to RionsRun: Davy on Update Tullow Oil Encouraging exploration and appraisal update from Kenya 09:10 28 Aug 2014 By Davy Research Etom extends basin-bounding fault play northwards; play now extends 42km The Etom-1 well in is the most northerly well drilled to date in the South Lokichar basin, 6.5 km north of the previous […]
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Interesting economic numbers in regards to AOI

These calculations comes from long term forum poster Kenya1 on the Stockhouse board. He is considered to be a high quality poster by many and one of the most informed. We appreciate him taking the time to put this together which points to AOI being sverely undervalued today (excluding any future potential) based on fundamental […]
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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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Encouraging remarks on Ngamia-3

Security is being stepped up around Ngamia-3 which could be a nice discovery for Africa Oil: “Turkana Governor Josephat Nanok wants the national government to enhance security along the border separating Turkana and Pokot communities. The governor said there was need for security to be blostered especially now that oil has been found in the area. […]
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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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Gardim-1 results this month?

According to an RBC analyst report Africa Oil is expected to present the results for the Gardim-1 well this month and the reserve update towards the end of the month. Price target has been slightly adjusted lower from CAD 13.58 to CAD 13.54. “This month we expect Africa Oil, and operator Tullow Oil, to announce the […]
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Interview with Africa Oil COO at Oil Council Africa Assembly 2014 (June 24)

There is a fresh interview from today (June 24) with Africa Oil´s Chief Operating Officer Nick Walker who was present at the Oil Council Africa Assembly 2014. Key points: “The best is yet to come” 20-25 wells to be drilled this year Will evaluate funding options at the end of this year (then no PP with […]
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Article regarding Tullow and it´s operations

Following is an article from Citigroup regarding Tullow and it´s operations. Potential funding needs are covered as well as the prospects for Lokichar, including the not yet drilled prospect Etom. They believe 600MMBO has been discovered so far and that it will likely increase to 1 billion in the coming months (Lokichar only). Citi warns […]
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