Apr 8, 2014
Pexco Explorations exits Somalia
Pexco Explorations exits Somalia
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Malaysian oil explorer Pexco Explorations East Africa has after eight years in Somalia’s Warder, Geladi and Ferfer blocks terminated exploration works.
The termination follows the expiry of its exploration license in July 2013 that had given it permission to explore and develop hydrocarbon resources in the remote area covering 29,000 sq. km. near the Somalia border.
The…
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