SacOil has picked up new acreage in Africa. The company’s Botwana subsidiary, Transfer Holdings (Proprietary) Ltd., was advised by the Botswana Department of s that three exploration licenses were duly approved. SacOil’s awarded licenses are 123/2013, 124/2013, and 124/2013. The awards were official on April 29. The Botswana awards add to SacOil’s acreage position in Africa where […]

The deteriorating security situation in Libya has led to BP determining that it will pull out some of its in-country ground staff. The UK-based major took the decision to pull all non-essential staff from Libya after the UK government issued a warning about the security situation in Tripoli. “We are taking some non-Libyan staff out […]

Africa Oil Corp. and Tullow Oil have spud a well in Kenya on Block 10BB. The well is being drilled on the Etuko, formerly the Kamba prospect. The well is targeting a new play area in the LockicharBasin where a working petroleum system has been confirmed by recent discoveries at Ngamia and Twiga. The primary […]