New Age has discovered oil and gas flow in its appraisal well El Kuran-3 located in Block 7/8 in Ethiopia
Exploration
Cap Energy buys oil and gas block offshore Senegal
Cap Energy’s subsidiary Sencap has acquired a 49 per cent interest in the oil and gas block Djiffere offshore Senegal from Trace Atlantic Oil Limited (TAOL) Senegal (Djiffere) Limited (TAOL Djiffere)
NOC subsidiary discovers oil and gas in Libya’s Ghadames Basin
Arab Gulf Oil Company (AGOCO), subsidiary of National Oil Corporation (NOC), has struck oil and gas in the Ghadames Basin, 200km south of Tripoli
Ophir Energy commences drilling offshore Gabon
Ophir Energy plc has announced that drilling operations have begun on the Padouck Deep-1 well on the Ntsina Block, offshore Gabon
Tullow Africa operations to increase cash flow
Tullow Oil has said that its critical oil exploration developments in Kenya, Ghana and Uganda will deliver major cash flow increases in the next three to five years