Meren Energy Inc.

… Africa Oil Corp. is pleased to announce that drilling of the Joe prospect has commenced offshore Guyana. This is the second exploration well on the Orinduik Block. Joe-1 was spud on 25 August 2019 using the Stena Forth drillship which drilled the recently announced Jethro oil discovery. The well is estimated to take approximately three weeks to drill. View PDF version. The Joe prospect is a Tertiary feature on the [...]

… Africa Oil Corp. is pleased to announce its financial and operating results for the three and six months ended June 30, 2019. View PDF version. HIGHLIGHTS: The Company ended the quarter with cash of $341.3 million and working capital of $312.4 million; The Joint Venture Partners and the Government of Kenya have concluded negotiations around key fiscal and commercial principles for Project Oil Kenya with agreements [...]

  … Africa Oil Corp. is pleased to announce a significant oil discovery on the Orinduik Block, offshore Guyana. The Jethro-1 exploration well was drilled by the Stena Forth drillship to a final depth of 14,331 feet in approximately 1,350 meters of water. Evaluation of logging data confirms that the Jethro-1 is the first discovery on the Orinduik licence and comprises high quality oil-bearing sandstone reservoir of Lower [...]

FOR IMMEDIATE RELEASE Media Inquiries: Aydanur Akkurt Director of Global Circulation +90 554 306 72 99 aydanur@africaoilandpower.com Senegal Oil & Gas Industry Offers Template for Other African Economies, Says Report "Africa Energy Series - Senegal 2019," produced by Africa Oil & Power, will be launched October 9 at the Africa Oil & Power 2019 Conference in Cape Town This first comprehensive report on Senegal's energy [...]

… Africa Oil Corp. is pleased to announce that drilling operations have commenced offshore Guyana with the spudding of the first exploration well on the Jethro-Lobe prospect on the Orinduik Block. View PDF version. Jethro-Lobe was spud at 22:45 on July 4, 2019 using the Stena Forth drillship. Partners on the Orinduik Block comprise Tullow Guyana B.V. , Total EP Guyana BV and Eco Oil & Gas Ltd. .  Africa Oil holds an [...]

Africa Oil Corp. is pleased to announce that its wholly-owned subsidiary, Africa Oil SA Corp., has entered into a definitive farmout agreement with Azinam Limited , the Seacrest Capital-backed South West African-focussed oil & gas exploration company, whereby Africa Oil will acquire a 20% participating interest and operatorship in the Exploration Right for Block 3B/4B, offshore South Africa. Azinam will retain a 20 [...]

… Africa Oil Corp. is pleased to announce that Heads of Terms agreements with the Government of Kenya and joint venture partners, Africa Oil Corp., Tullow Oil plc and Total S.A. have been signed for the development of the oil fields in the South Lokichar Basin. View PDF Version. The Joint Venture Partners and the Government of Kenya have concluded negotiations around key fiscal and commercial principles for Project Oil [...]

Africa Oil Corp. & Power to Honor Senegal President as "Africa Oil Corp. Man of the Year" - Africa Oil Corp. & Power will present the award to H.E. Macky Sall at its annual conference in Cape Town - H.E. Macky Sall is renowned for his efforts to revive Senegal's economy and create an attractive market for oil and gas - H.E. Macky Sall will provide a keynote address at Africa Oil Corp. & Power 2019 Cape Town, June 24th [...]

  … Africa Oil Corp. is pleased to announce its financial and operating results for the three months ended March 31, 2019. View PDF version. HIGHLIGHTS: The Company ended the quarter with cash of $355.2 million and working capital of $321.9 million; During the first quarter of 2019, the Company completed the acquisition of an additional 19,890,560 shares of Impact Oil and Gas Limited for an aggregate subscription price of [...]

Africa Oil Corp.   held its annual meeting of shareholders in Vancouver, British Columbia today. Shareholders voted as follows on the matters before the meeting: View PDF Version. Election of Directors Shareholders elected the following six board members to serve on the Company's board of directors until the next annual meeting of shareholders or until their successors are elected or appointed: Nominee For % For Withheld [...]