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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.

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.

 

Turkeys TPAO has hit oil yet again in Area 147/3-4, in Libyas Murzuq basin.

p style="margin-bottom: 0cm;"> 

Turkeys TPAO has hit oil yet again in Area 147/3-4, in Libyas Murzuq basin.

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.

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.

More Articles …

  1. First Oil from Ghana Jubilee Field Scheduled for Mid-December
  2. Tullow looking to extend prolific deepwater Ghanaian play
  3. Total Gets Gabonese Nod for 3 Onshore Licenses
  4. Bowleven Encounters Additional Pay Offshore Cameroon
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