CENTRIC ENERGY HAS signed an agreement with Tullow for a joint oil and gas exploration in northern Kenya block 10BA.

LION ENERGY PROVIDED an update on the CNOOC-operated Bogal-1 well on Block 9, Kenya. Preliminary testing on two potential gas pay zones has been completed, with only minimal flow of gas from each zone.

TULLOWS OWO-1 EXPLORATION well in the Deepwater Tano license offshore Ghana has intersected a significant column of excellent quality light oil, potentially adding a billion barrels of oil equivalent to the resource estimate for the area. Results of drilling, wireline logs and samples of reservoir fluids have established Owo as a major new oil field requiring further appraisal.

VAALCO HAS PROVIDED a further update on the Southeast Etame No. 1 exploration well which, as previously announced, was drilled to a total depth of 2,757 m offshore Gabon encountering approximately five metres of Gamba sandstone section which logged oil full to base.