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Exploration

Fastnet Oil & Gas has made its first acquisition offshore Morocco and plans to acquire more African exploration assets before the end of the year, according to its chief executive officer, Stephen Staley

Horn Petroleum Corporation has reported that the Shabeel North well in Puntland, Somalia, has penetrated a 50 metre gross section of upper Jesomma sands with oil shows

PetroChina is could be set to invest in exploration blocks in Liberia and may also invest in several other African countries following the signing of a memorandum of understanding (MoU) with African Petroleum Corp

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