About Taipan Resources Inc.
World-class Oil & Gas Team & Assets
Taipan Resources is the fourth largest acreage holder onshore Kenya (6.8 million acres/27,712 square kilometers) with multiple exploration plays in multiple basins,
and estimated total net mean prospective resources of 850 million barrels of oil equivalent. Management has a track record of repeated exploration success,
having discovered over 3.75 billion barrels of oil equivalent in frontier regions.
TAIPAN RESOURCES FARMS DOWN TO TOWER RESOURCES PLC
Taipan Resources announces farm out of 15% to Tower Resources in exchange for cash, Tower shares and contingent payment on spud of second well.
UPCOMING DRILLING ACTIVITY IN KENYA
Africa Oil Corp (TSX-V: AOI) are currently drilling the Emong-1exploration well on Block 10BB, and have spudded the 402 million barrel Sala exploration prospect on Block 9
which is 65 kilometers from where Taipan plan to drill the Badada-1 well on the Pearl prospect in block 2B.
Taipan anticipates drilling its first well on Block 2B in Q4 2014. In addition Afren plc (LSE: AFR), Taipan’s partner on Block 1, also has plans to drill on Block -1 in Q4 2014.
www.taipanresources.com For Investor Relations Contact: Kin Communications Inc. +1 604-684-6730 or +1 866-684-6730 [email protected] www.kincommunications.com
Should have a good year, especially if AOI and Marathon hit oil in Block 9, Kenya
| Apr 14, 2014 || Taipan Resources Inc. Announces Board Appointment of Mr. Stephen Lowden |
| Apr 9, 2014 || Taipan Resources Inc. Farms Out 15% of Block 2B Kenya to Tower Resources |
| Mar 6, 2014 || Taipan Resources Inc. Announces New Seismic Data Confirms Robust Closure at the 251 Million Barrel Badada Prospect |
| Feb 28, 2014 || Taipan Resources: Hunting Elephants in Kenya |
| Feb 28, 2014 || Simba Energy Inc. Acquires 2D Seismic Data from Taipan Resources Inc. |
| Feb 24, 2014 || Additional 2D Seismic Acquired on Simba Energy's Block 2A |
| Feb 16, 2014 || Canadian firm raises Mandera oil projections |
| Feb 14, 2014 || Taipan Targeting 1.6 Billion Barrels of Oil in Kenya |
| Feb 13, 2014 || IIROC Trading Resumption - TPN |
| Feb 13, 2014 || Taipan Resources Inc. Announces 388% Increase in Total Unrisked Prospective Resources on Block 2B to 1.6 Billion Barrels |