MAJOR OIL DISCOVERY IN KENYA
Our neighbors in Kenya finds more and more oil, Simba´s blocks are getting hot..
Wall Street Journal: November 22
- AFRICA OIL ANNOUNCES FIFTH CONSECUTIVE MAJOR OIL DISCOVERY IN KENYA
Africa Oil Corp.Company AnnouncementAFRICA OIL ANNOUNCES FIFTH CONSECUTIVE MAJOR OIL DISCOVERY IN KENYANovember 22, 2013 (AOI--TSXV, AOI--NASDAQ OMX First North) ... Africa Oil Corp.
("Africa Oil" or the "Company") is pleased to announce that the Agete-1
exploration well in Block 13T, onshore Northern Kenya, has discovered and
sampled moveable oil with an estimated 100 metres of net oil pay in good
quality sandstone reservoirs.
https://online.wsj.com/article/PR-CO-20131122-900433.html?dsk=y
The Agete-1 wildcat well is part of a major exploration campaign and has made
the fifth consecutive oil discovery in the first of a chain of multiple rift
basins across Africa Oil's acreage in the region. This discovery de-risks
several follow-on prospects located to the north and on trend with the Twiga
South, Ekales, and Ngamia oil discoveries and adds to the significant resource
base already discovered.