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Exploration

Afren says its Okwok-9 appraisal well offshore south-east Nigeria found 10 ½ m of net pay in the D2 reservoir and tested 31º API oil at sustained rates. The company now is considering stand-alone development versus tieback to Ebok.p style="margin-bottom: 0cm;">Afren says its Okwok-9 appraisal well offshore south-east Nigeria found 10 ½ m of net pay in the D2 reservoir and tested 31º API oil at sustained rates. The company now is considering stand-alone development versus tieback to Ebok.

Oilfield services player Petrofac has bought a 15 per cent stake in Nigerian production and development company Seven Energy International and plans to work with the company to help it build up its business.

p style="margin-bottom: 0cm;">Oilfield services player Petrofac has bought a 15 per cent stake in Nigerian production and development company Seven Energy International and plans to work with the company to help it build up its business.

Africa-focused explorer Afren is on track to pump first oil from the Ebok field in Nigeria by the end of the year, chief executive Osman Shahenshah has said.

p style="margin-bottom: 0cm;">Africa-focused explorer Afren is on track to pump first oil from the Ebok field in Nigeria by the end of the year, chief executive Osman Shahenshah has said.

CAMAC has been notified by its partner, Nigerian Agip Exploration (NAE), that the well intervention planned on the Oyo #5 well, located in the Oyo Field located offshore Nigeria, is scheduled to commence on December 4, 2010 with the mobilization of the Transocean Marianas to the field.

p style="margin-bottom: 0cm;">CAMAC has been notified by its partner, Nigerian Agip Exploration (NAE), that the well intervention planned on the Oyo #5 well, located in the Oyo Field located offshore Nigeria, is scheduled to commence on December 4, 2010 with the mobilization of the Transocean Marianas to the field.

Africa Oil has signed a definitive agreement to acquire all of the issued and outstanding common shares of Centric. Pursuant to the agreement, Africa Oil will acquire, by way of a plan of arrangement, all of the issued and outstanding shares of Centric in consideration for 0.3077 Africa Oil shares (and $0.0001) for each common share of Centric.

p style="margin-bottom: 0cm;">Africa Oil has signed a definitive agreement to acquire all of the issued and outstanding common shares of Centric. Pursuant to the agreement, Africa Oil will acquire, by way of a plan of arrangement, all of the issued and outstanding shares of Centric in consideration for 0.3077 Africa Oil shares (and $0.0001) for each common share of Centric.

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