Africa Oil Corp (AOIFF)

[douginil]

May 26, 2016


The final investment decision in Kenya’s oil rich South Lokichar basin is expected to be out either between the months of June and June according to Tullow Oil’s director of government, public affairs and communications Anthony Mwangi at the ongoing 2nd Turkana Oil and Gas Conference in Lodwar.

The explorer then expects early oil at a rate of 2,000 barrels of oil a day through road transport to commence in July 2017 from where it shall be stored for up to 8 months as to when adequate export amounts of over 600,000 barrels shall be achieved.

Already the company says it holds about 70,000 barrels at the Ngamia and Amosing fields that was extracted during the extensive well testing programme.



Read more at:
http://www.oilnewskenya.com/south-lokichars-final-investment-decision-to-be-out-by-august-tullow-oil/?platform=hootsuite