So we got the first wave of news (2 hits and one OK flow)

There is not much to be said, we have continued to add value to the company… And the market as of yet continue to shrug it´s shoulders. Our gas findings were enough to warrant plans for future drills near Bogal (and ofc Sala-2) and that says something. They would not burn more money if this […]
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Smaller firms will lead East Africa’s oil and gas development

Interesting article from Reuters regarding the operations underway in East Africa including some coverage on the situation for gas in the region. Lastly there are remarks made by Max Birley, chief executive of Taipan Resources. By Nina Chestney LONDON (Reuters) – Smaller oil explorers willing to take financial and operational risks will lead the development of East […]
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Some oil business weekend reading

WHL Energy Receives Funding to support East Africa, Australia activitieshttp://oilnewskenya.com/2014/05/29/whl-energy-receives-funding-to-support-east-africa-australia-activities/Oil Exploration contributes Kshs 8.2b for Kenyan Economy, Creates 3000 jobs ¿ Tullow Oilhttp://oilnewskenya.com/2014/05/28/oil-exploration-contributes-kshs-8-2b-for-kenyan-economy-creates-3000-jobs-tullow-oil/Key features of the current Kenyan model of production sharing contracthttp://oilnewskenya.com/2014/05/28/key-features-of-the-current-kenyan-model-of-production-sharing-contract/Tullow Oil to drill another 35 wells in 24 months in East Africa http://oilnewskenya.com/2014/05/26/tullow-oil-to-drill-another-35-wells-in-24-months-in-east-africa/ Kenya: Simba Energy acquiring FTG survey over Block 2A – […]
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Local banks seeking new ways of expanding across East Africa

Interest and confidence in Kenya is indeed heating up this year with investments flowing in much due to the anticipated oil production that is scheduled to begin as early as 2016. The closer we get to this historical waypoint we believe that Africa Oil and other companies will drift towards it´s real fundamental value (if we […]
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Recent experts takes on the “American oil shale revolution” and the dillusions of EIA

Many people has been saying for some time that official US oil shale projections coming from U.S. Energy Information Administration (EIA) have been widely missleading for a long time and some argue that it will reach it´s output peak as early as 2019. This development could lead to increased import demands form the US in the future, […]
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