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Exploration

Sub-Saharan African explorer Erin Energy Corporation has stated that the Oyo-8 well located in OML 120 offshore Nigeria has ‘exceeded expectations’ and is currently producing, at a stabilised rate, 7,080 barrels of oil per day (boepd)

Savannah Petroleum, Niger-focused oil and gas company, has found 14 drill-ready exploration prospects with estimated total gross unrisked mean prospective oil resources of 215mn barrels at Eocene and Upper Cretaceous reservoir horizons in R1/R2 Licence Area

Universal Energy has announced the commencement of crude oil production in Nigeria from its Stubb Creek Field in Akwa Ibom State

Cairn Energy and its joint venture partners have submitted a three-year evaluation work plan to the government of Senegal that includes an initial programme of three-optional wells, with drilling starting Q4 2015 offshore Senegal focused on the acreage around SNE-1 discovery well

The government of Uganda has announced the first competitive licensing round for oil exploration for six blocks in the proven prospective sedimentary basin of Albertine Graben

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