Oil and gas explorer Africa Oil will issue 56.5mn common shares at US$7.99 per share through a private placement that should generate around US$450mn
Exploration
BP signs farm-out deal for three offshore Moroccan blocks
BP has entered into farm-out agreements with US-based Kosmos Energy for the exploration of three oil and gas blocks offshore Morocco
Chariot receives approval for Mauritanian farm-out deal
A farm-out deal between Chariot Oil & Gas and Cairn Energy for Block C19 offshore Mauritania has been approved by the countrys Ministry of Hydrocarbons
Premier Oil signs farm-in deal for onshore Kenya block
Premier Oil has signed a farm-in for 55 per cent of Taipan Resources license interests in Block 2B, onshore Kenya
Angola to levy 10 per cent tax on oil companies
The government of Angola has announced that it will impose a consumption tax of up to 10 per cent on petroleum companies operating in the country
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