Africa Energy | Egypt Oil & Gas

Africa Energy Increases South African Presence

Oil and gas company, Africa Energy Corporation, has signed definitive agreements to increase the company’s effective interest in Block 11B/12B offshore South Africa from 4.9% to 10%.

Africa Energy Terminates Namibia Farm-out Agreement

The African Energy Corp., the Canadian oil and gas exploration Company, has terminated its Farm-out agreement that was signed last year granting it stake offshore Namibia.

Africa Energy Acquired Interest in Namibia’s Offshore Block

Africa Energy has signed a farm-out agreement with a subsidiary of Pancontinental Oil & Gas to buy a 10% participating interest in Petroleum Exploration License 37 offshore Namibia (PEL 37).

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