Africa Oil Corp. - World-Class East Africa Oil Exploration (Seite 200)

[motz1]

Antwort auf Beitrag Nr.: 44.181.702 von motz1 am 25.02.13 12:06:40

Nachtrag:
Um das Thema "Basin flank plays" einordnen zu können ist die Frage 12 interessant: Das Größenpotential für "Basin boundary margin" und "Basin flank plays" bezeichnet McCoss als noch nicht abschätzbar, derzeit geht Tullow von 50/50 aus...

[motz1]

Der Tullow-Webcast zu den FY-Results ist sehr interessant und toll zu navigieren; über die slides kann man direkt zu Kenya/Ethiopia (ab 45:00) springen und die zugehörigen Erläuterungen von Angus McCoss zu den Folien sehen.

Im Schlussbereich sind noch Fragen aufgenommen, davon beschäftigen sich Q 1, 11, 12, 14, 15, 16 direkt mit Kenya/Ethiopia.

In Frage 16 z.B. sagt McCoss zu Paipai: "It looks like we've discovered a petroleum system there."



Hier geht es zum Webcast: http://www.media-server.com/m/p/aw42ciie (Einmalige Anmeldung notwendig).
Sollte der Link nicht funktionieren: http://www.tullowoil.com/index.asp?pageid=241, dann rechts auf "View the web cast" klicken.

[motz1]

Antwort auf Beitrag Nr.: 43.985.530 von motz1 am 05.01.13 14:49:47

Diese neue Upload-Funktion ist hilfreich.

-----------

[motz1]

Videobeiträge.

-----------------------

Die Chefin (!) der NOCK spricht über die company und deren angestrebte Entwicklung, sie streift auch die Thematik zum angestrebten JV im Pipeline-Bau mit den Indern.





.............

Galib Virani von Afren über East Africa: "... and a potentially transformational oil discovery onshore Kenya...".




.............

Eine Podiumsdiskussion zum Thema "The prospects of the East African Energy Market". Zunächst ein Abriss von Gallup (Marktforschungsinstitut) zu den Ländern Äthiopien, Kenya, Tansania und Somalia. Anschließend folgt die Diskussion, danach werden noch Fragen der Zuhörer beantwortet. Hinweis: Dauert 1:50h, hat durch die Podiumsteilnehmer aber inhaltlich einiges zu bieten...

[motz1]

Kleine Sammlung an Pressebeiträgen der vergangenen Tage:

................

East Africa oil product market draws fierce competition

Thu Feb 21, 2013 6:59am EST

* Oil products supply market worth $15 billion a year
* SOCAR, Phillips 66 eye stepping up sales to region
* Region has only one functioning refinery
* Trafigura, BP, Reliance already well established

By Humeyra Pamuk and Emma Farge

DUBAI/GENEVA, Feb 21 (Reuters) - East Africa's emerging oil products market has sparked intense competition between traders hunting for better profits to bolster tight margins in Europe and the Middle East.
[...]

http://www.reuters.com/article/2013/02/21/africa-oilproducts…

............

AOI ist momentan bei energy-pedia auf der Startseite präsent:

Ethiopia: Africa Oil executes Rift Basin Area Production Sharing Agreement
Africa Oil Corp has announced the formal execution of a new Ethiopian Production Sharing Agreement. The agreement covers the 42,519 sq km 'Rift Basin Area', previously held by the Company under a Joint Study Agreement and referred to then as the 'Rift Valley Block'.
[...]

http://www.energy-pedia.com/ bzw. http://www.energy-pedia.com/news/ethiopia/new-153558

............

TradeInvest Africa (Cape Town)

Africa: Investment Opportunities in Oil and Gas

1 February 2012

High oil prices are driving growth in exploration for in Africa, and the positive growth projections for Southern and East Africa's oil and gas sectors will likely be a key driver of growth in the regions.
[...]

http://allafrica.com/stories/201202011142.html

............

Interessant: Die NOCK hat sich gemeinsam mit den Indern auf die Ausschreibung zum Pipeline-Bau beworben:


Kenyan Govt Oil Firm Joins Regional Pipeline Battle
By Humphrey Liloba, 18 February 2013

Nairobi — The proposed East African regional oil pipeline inched closer to realization with the Kenyan government owned oil firm, the National Oil Corporation (NOCK) partnering with the Indian Oil Corporation Limited (IOCL) to submit interest in the deal.
[...]

http://allafrica.com/stories/201302190250.html

...............

3 East African Oil Companies to Consider

Wednesday February 20, 2013, 4:15am PST

By Adam Currie - Exclusive to Oil Investing News

Exploration companies are constantly on the lookout for new and unexplored oil potential, and many are now venturing to less traditional hunting grounds to tap the next groundbreaking play.
[...]

http://resourceinvestingnews.com/50675-3-east-african-oil-pl…

[motz1]

Sehr, sehr gute News in dieser Woche.

Twiga-1 bringt voraussichtlich 5200bopd an einer Stelle, die nicht der sweet spot der Struktur ist.
Tullow sagt dazu nur: "With optimised equipment these flow rates would increase to a cumulative rate of around 5,200 bopd. 37 degree API waxy sweet crude was flowed from all three zones in the Auwerwer formation with good quality reservoir sands encountered and the well has been suspended as a potential future production well." http://www.tullowoil.com/index.asp?pageid=137&newsid=833
Einige hier haben über 20 Monate auf diesen Satz gewartet...

Der ehemalige Rift Valley Study Block heißt nun Rift Valley Area und ist nunmehr offiziell "unser". Es wird nicht verwegen sein auf Marathon als Partner zu tippen (Absichtserklärung für Zusammenarbeit bezgl. weiteren Ethiopian-Assets wurde bereits mit dem ersten Farmout bekannt gegeben), ich könnte mir hier aber durchaus auch eine Konstellation mit 2/3 Partnern vorstellen. KH sollte sich vor Interessenten kaum retten können.


Demnächst gibt es die Ergebnisse zu PaiPai und Sabisa. Sabisa würden den SoP schlagartig um viele Kilometer ausdehnen. Zudem geht es geht an das Testing von Ngamia (auch nicht optimal platziert innerhalb der Struktur, dennoch net pay >100m).

Morgen ist der letzte Montag im Februar - "Sabisa-Montag"? Fingers crossed .

[gabbo62]

Die Shorties haben nach wie vor die Gewalt über den Kurs.

Short Summary
Short Volume As Of
1,479,020 15/Feb/2013
1,494,414 31/Jan/2013
1,376,335 15/Jan/2013

http://infoventure.tsx.com/TSXVenture/TSXVentureHttpControll…

[gabbo62]

Interessanter Artikel heute erschienen bei Bloomberg

http://www.bloomberg.com/news/2013-02-22/tullow-drills-for-e…

Tullow Drills for Ethiopia’s First Oil in Kenyan Extension

By Eduard Gismatullin - Feb 22, 2013 12:42 PM GMT+0100

Tullow Oil Plc (TLW), the U.K. explorer that found Kenya’s first crude a year ago, is about to find out whether the resources extend into neighboring Ethiopia, a nation dependent on agriculture that’s yet to discover any petroleum.

Tullow, Africa Oil Corp. (AOI) and Marathon Oil Corp. (MRO) plan to complete their Sabisa well in western Ethiopia’s South Omo Block this quarter.

“The first discovery would be big news,” said Martin Mbogo, Tullow’s manager for Kenya, where its Ngamia well struck oil in March. “That would be historical for Ethiopia.”

Tullow, a London-based explorer, is targeting East Africa’s Tertiary Rift, a geological fault that’s yielded oil in Uganda as well as Kenya. For the company, an Ethiopian find may prove a new oil province. For the country, evidence of crude could help the government curb energy imports and diversify an economy that relied on coffee for about a quarter of export earnings in 2011.

“We are importing every drop of oil and gas,” Ethiopian Mines Minister Sinknesh Ejigu said last week. “We want to change this game.”

Licenses won by Tullow and Africa Oil in Kenya and Ethiopia cover an area almost as large as the North Sea. Only 11 wells have been drilled there so far, compared with more than 2,400 wells in the sea. While gas has been found in eastern Ethiopia, the partners are focusing on the western Omo region in the hope it will prove the extension of the petroleum system from Kenya.

‘Huge Well’
“The structure is almost identical to what we see at Ngamia,” Africa Oil Vice President of Business Development James Phillips said in an interview in Addis Ababa. “This is a huge well for Ethiopia. This is really a key well.”

The country needs energy to support economic growth. The East African nation still ranks 211th in terms of gross domestic product per capita, behind Mozambique and ahead of Togo, according to Central Intelligence Agency data.

“A hit at the well would effectively bookend the string- of-pearls play from Ngamia to Sabisa,” Brian Gallagher, a London-based analyst at Investec Bank Plc, wrote in a report this month. “Sabisa represents a trigger well with the potential to open up a new basin.”

The government has a right to 10 percent of the South Omo Block should the companies discover oil, Gallagher said. The Sabisa well is targeting about 140 million barrels of oil resources, he said, citing Tullow estimates.

Africa Oil’s Phillips, who served as chief operating officer until Sept. 9, declined to comment on the progress of the well, citing disclosure regulations.

The Omo region is a “strange” area, he said. “A place like Omo is frankly the end of the Earth. It hasn’t had any attention from oil and gas exploration ever.”

Omo Wetlands
The project partners are in talks with Kenya and Ethiopia to allow their contractor, China’s BGP Inc., to conduct seismic studies in the border area covering the Omo River wetlands. The border is currently closed and it takes days to transport equipment on dirt roads to cross at the nearest checkpoint.

“It could be one of most prospective, interesting areas,” Phillips said. “It’s going to be a tricky area to work,” which is similar to the Mississippi River delta in Louisiana.

The Kenya-Ethiopia frontier basin may hold as much as 10 billion barrels of oil and gas resources, Nomura Holdings Inc. said in a January note. Tullow and Africa Oil plan to drill about 11 wells in the area this year, of which three will be in Ethiopia.

The area is “10 times bigger than Tullow’s Uganda acreage,” Nomura said. The South Omo block is “one of the golden blocks of the Tertiary Rift,” the brokerage said.

Tullow advanced by 1.2 percent to 1,233 pence as of 10:14 a.m. in London trading, while Africa Oil climbed by 0.9 percent to 47.40 kronor in Stockholm.

[texas2]

5,200 bopd sind gut
nicht sehr gut aber ein gutes gut
ziemlich zufrieden weiter warten

[gimo211]

Dieser Block könnte sich als das wertvollste Asset von AOI erweisen.... Ein sehr guter Tag für AOI Holders...