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Exploration

Rialto Energy Limited has entered into a binding Heads of Agreement whereby Rialto will acquire 100% of CLNR Holdings Limited (CLNR) which is to hold a 75% interest in C & L Natural Resources Limited (C & L Natural).

p>Rialto Energy Limited has entered into a binding Heads of Agreement whereby Rialto will acquire 100% of CLNR Holdings Limited (CLNR) which is to hold a 75% interest in C & L Natural Resources Limited (C & L Natural).

Totals head of African operations today revealed that the Moho Nord field, in Congo-Brazzavilles offshore play, holds an estimated 300mn barrels of oil, adding that a development decision could be taken by the middle of next year.

p>Totals head of African operations today revealed that the Moho Nord field, in Congo-Brazzavilles offshore play, holds an estimated 300mn barrels of oil, adding that a development decision could be taken by the middle of next year.

SOCO INERNATIONAL HAS secured the services of the onshore drilling rig, Caroil #1, owned by Caroil SAS, for its exploration drilling program in the Nganzi Block, onshore the Democratic Republic of Congo.

p>SOCO INERNATIONAL HAS secured the services of the onshore drilling rig, Caroil #1, owned by Caroil SAS, for its exploration drilling program in the Nganzi Block, onshore the Democratic Republic of Congo.

CAMEROON WILL SOON will soon begin licensing companies to explore for oil in the Atlantic coastal Bakassi peninsula and nearby Mamfe basin, a senior official in Cameroons state-run National Hydrocarbons Corp., or SNH, has said.

p>CAMEROON WILL SOON will soon begin licensing companies to explore for oil in the Atlantic coastal Bakassi peninsula and nearby Mamfe basin, a senior official in Cameroons state-run National Hydrocarbons Corp., or SNH, has said.

SONATRACH HAS UNVEILED two more oil and gas finds, bringing the number of hydrocarbon discoveries made by the company this year to five.

p>SONATRACH HAS UNVEILED two more oil and gas finds, bringing the number of hydrocarbon discoveries made by the company this year to five.

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