Horn changes name and focus

Having suspended its operations in Puntland in February, Horn Petroleum has announced a new identity which bears a marked resemblance to the former Energy Africa. Horn said it planned to take advantage of the low oil price “to aggressively pursue onshore and shallow-water upstream oil opportunities in Africa”. It will change its name to Africa Energy Corporation, move to Cape Town, and bring in Energy Africa stalwarts Jan Maier as vice-president exploration and John Bentley and Adrian Nel as directors. Energy Africa was taken over by Tullow Oil in 2004 and is fondly remembered by former employees.