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Sidi Moussa Well Requires Further Evaluation

Serica Energy, a JV partner on Morocco’s Sidi Moussa license, reported that testing operations on the Genel Energy-operated SM-1 well have been completed. The well was drilled to a total depth of 2,825 meters sub-sea and encountered oil in fractured and brecciated cavernous Upper Jurassic carbonates. During the course of drilling and well control operations, […]

November 14, 2014 Read More

Tullow Places Drilling Projects Under Review

Tullow Oil, in its Interim Management statement, revealed that a number of its drilling projects in Africa will be under review going forward. The review is aimed at aiding in cutting costs as the price of oil continues its downward trend. The company has cut its exploration budget and said that it is refocusing its […]

November 14, 2014 Read More

Engen’s Boosts Zimbabwe Downstream Ops

Engen has invested over $4 million during the past two years to bolster its retail network in Zimbabwe and build on its strong presence in the commercial, industrial and mining sectors in the country. The company more than doubled its retail network from 20 operating sites to the current 55 over the past two years.  […]

November 14, 2014 Read More