On the heels of just announcing the winners of its latest licensing round, North Africa’s Algeria is planning its next round. Despite only awarding four out of 31 blocks, Algeria is still hopeful it can increase investment which has been lackluster for a number of years. Algeria’s first attempt at luring investors through a licensing […]

Afren plc has been kept busy on the exploration end in East Africa with a number of activities taking place in several countries. In Kenya, seismic operations commenced on Block 1 during October 2014 and an EIA for drilling operations is ongoing. The company said that exploration drilling will start after the processing and interpretation […]

PetroMaroc Corp. is looking to complete a non-brokered private placement of units of the company at a price of $0.15 per unit to raise gross proceeds of a minimum of Cdn $3 million and a maximum of Cdn $6 million. The units will consist of one common share of PetroMaroc and one-half of a common […]