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.Exploration
Orca plans Songo Songo boost
Toronto-listed Orca Exploration says it plans to drill a new well next year to boost natural gas production at the Songo Songo field in Tanzania amid growing local energy demand.p style="margin-bottom: 0cm;">Toronto-listed Orca Exploration says it plans to drill a new well next year to boost natural gas production at the Songo Songo field in Tanzania amid growing local energy demand.
Turkish delight as Libya delivers
Turkeys TPAO has hit oil yet again in Area 147/3-4, in Libyas Murzuq basin.
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Turkeys TPAO has hit oil yet again in Area 147/3-4, in Libyas Murzuq basin.
AGR catches Hyperdynamics offshore contract
US explorer Hyperdynamics has signed a contract with Aberdeen-based AGR Peak Well Management to manage its exploration drilling project offshore Guinea-Conakry.p style="margin-bottom: 0cm;">US explorer Hyperdynamics has signed a contract with Aberdeen-based AGR Peak Well Management to manage its exploration drilling project offshore Guinea-Conakry.
Six Oil Firms to Scout for Oil Offshore Guinea
São Tomé and Principes national petroleum agency has announced that six oil companies have taken up offers to prospect for oil off the Gulf of Guinea archipelago.p style="margin-bottom: 0cm;">São Tomé and Principes national petroleum agency has announced that six oil companies have taken up offers to prospect for oil off the Gulf of Guinea archipelago.
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