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Africa Oil 2019 First Quarter Financial and Operating Results

Africa Oil 2019 First Quarter Financial and Operating Results

May 10, 2019 No Comments

 Africa Oil Corp. (“Africa Oil” or the “Company”) announced 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 […]

Tullow Oil stops all operations in its Kenyan oil fields

Tullow Oil stops all operations in its Kenyan oil fields

July 26, 2018 No Comments

Tullow Oil has stopped all operations in its Kenyan oil fields, citing unaddressed security fears as local hostility mounts. Tullow Oil had threatened over the weekend to shut down its oil wells in the Lokichar basin if the government does not act soon to remedy production, security, and transportation problems. Tullow pulled the trigger not […]