Africa Oil Exits Kenya’s Block 12A
Africa Oil Exits Kenya’s Block 12A
Africa Oil has withdrawn from Block 12A according to its fourth quarter financial and full year financial and operating results and written off $2.0 million in intangible exploration assets relating to the block.
The Block which is operated by Tullow Oil was the focus in Q1 2016 during the drilling of the Cheptuket well which according to the operator encountered good oil shows, seen in cuttings…
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