#blocks 10bb

[oilnewskenya]

Tullow Oil, JV Partners To Drill More Basin Openers, Appraisal Wells in Kenya in Late 2016

Tullow Oil, JV Partners To Drill More Basin Openers, Appraisal Wells in Kenya in Late 2016

Africa Oil has reiterated that the South Lokichar basin could see 2-4 Potential basin-openers in late 2016 and beyond as well as 4-8 Appraisal and exploration drilling targets raising hopes of renewed activity in Kenya’s Blocks 10BB and 13T.

The basin openers first reported by OilNews Kenya in December 2015according to the May presentation to investors are among efforts to see an upside to…

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[oilnewskenya]

An Analysis of the Petroleum Bill 2015, Model PSC

An Analysis of the Petroleum Bill 2015, Model PSC

Source: Oxfam

The Petroleum (Exploration, Development and Production) Bill, 2015 and associated model production sharing contract (PSC) are currently in the final stages of Parliamentary review. The development of a new regulatory framework for the petroleum sector was driven by the need to modernize a regime that was first established in 1986 and to take into account recent discoveries of both…

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[oilnewskenya]

Africa Oil Completes Kenyan Farm-out Deal With Maersk Oil

Africa Oil Completes Kenyan Farm-out Deal With Maersk Oil

Africa Oil reports that it has completed the previously announced (November 9, 2015) farmout with Maersk oil and gas related to Kenyan Blocks 10BB, 13T and 10BA having received $427 million.

Africa Oil Corp. farm-out with Maersk Oli and Gas received approval from the Government of Kenya

This amount represents US$344 million of reimbursed past costs incurred by Africa Oil prior to the agreed March…

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