Oil – Shale oil has been North America's great experiment, says Oil & Gas Investments Bulletin Editor Keith Schaefer. But in this interview with The Energy Report, he questions the experiment's success and predicts steep declines ahead, with just a few formations left to supply the market. The question is what shale play will last the longest? Read on to find out how—and when—to get positioned for the end of the shale revolution.
Oil – Africa Oil Corp (TSXV:AOI) announced that the first of 6 drill stem tests at the company’s Ngamia-1 well has been completed. The company confirms oil discovery at the Lower Lokhone well.
Oil – A brief overview of oil price developments, supply and demand and significant market movers.
Oil – Reuters reported that Africa’s top oil producing nations, Angola and Nigeria, pump around 4 million bpd of crude but new producing countries are emerging.
Oil – Reuters reported that potential oil investors are holding back to see the results of Kenya’s presidential elections next week, on concerns about instability and policy changes.
Oil – While most of the world’s “cheap easy” oil has already been discovered, East Africa remains largely unexplored and boasts high potential.
Oil – Africa Oil Corp. (TSXV:AOI,OMX:AOI) has announced the second significant oil discovery in Kenya at the Twiga South-1 well. The Twiga South-1 exploration well, located in Block 13T, onshore Kenya, has encountered 30 metres of net oil pay in Tertiary sandstone reservoirs with further potential to be assessed by testing. As quoted in press release: Keith Hill [...]
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