Africa Oil: Relinquishments
Issue 342
- 16 Mar 2017
| 1 minute read
Africa Oil Corporation and its partners have opted to withdraw from Ethiopia’s South Omo licence. Africa Oil is also pulling out of Kenya Block 12A, where in Q1 2016 the Tullow-operated Cheptuket well, the first well to test the Kerio Valley Basin, found oil shows. Africa Oil said it wanted to focus on developing the South Lokichar blocks 10BB and 13T. Delonex Energy is pulling out of Kenya Block 9, and its 50% stake will revert to Africa Oil.
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