Latest News Roundup on Kenya and Africa Oil (with forum comments)

John Sisa, GlobalData’s Lead Analyst covering Upstream Oil & Gas in the Sub-Saharan region, states that international interest in Kenya’s oil and gas sector has intensified over the last 20 months, following Tullow Oil(Tullow) and Africa Oil Corporation’s announcement of the country’s first commercial oil discovery in block 10BB/13T within the South Lokichar Basin.  In […]
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UBS and Nordea reiterate their buy recommendations

Nordea´s target is 83SEK and UBS´s is 70SEK. You can find the information in Swedish below. Just use google translate. UBS: STOCKHOLM (Direkt) UBS anser att även om Africa Oils uppdatering förra veckan var blandad är uppsidan i aktien intakt.Det framgår av ett marknadsbrev på tisdagen.Utvärderingsborrningen av Twiga South 2 stödjer tidigare estimat från operatören […]
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Has Africa Oil and Tullow discovered a sleeping giant?

What has been gaining attention in the companies latest news releases is the ramped up focus on “unconventional oil”-reserves in regards to oil shale that can be added to production given the use of “fracking”. Since this is a more complex and expensive way of producing oil, the companies have up until now not focused […]
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