Africa Oil Corp. would like to provide the following operational update on its activities in Kenya and Ethiopia.
Drilling operations continue with strong community support in the South Lokichar basin in Northern Kenya which is the site of five consecutive significant oil discoveries by Africa Oil in conjunction with its 50% partner and Operator, Tullow Oil Plc.
The Amosing well has spud and is drilling ahead on schedule. It is located 7 kilometers southeast of the Ngamia discovery which had over 200 meters of net pay and is a similar basin bounding fault trap in which has been referred to as the "string of pearls" trend.
The well is expected to be completed by the end of January. The rig which recently completed the Agete discovery with at least 100 meters of net oil pay, is being mobilized to the Ewoi prospect and is expected to spud by the end of the year.
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Africa Oil Corp.
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