takeover speculation - pcl & far - article, page-31

From Yesterday, sorry if someone already posted this, I hadn't seen it before

http://allafrica.com/stories/201209180099.html

""As a government, we are encouraged by what is being reported in Malindi. It is however still not commercially viable but a good indication that this country could be harboring oil and gas deposits. I want to encourage even more exploration companies to come up and be part of this important process," said the Minister.

According to sources at the exploration company, the 'small find' had encouraged them to start drilling a second block.

"We are very encouraged by the results at Mbawa 1 and will continue exploration efforts as there is every indication that we could land some viable deposits," said Mr. Tim Gilblom, Apache Kenya Managing Director.

He said the company was impressed with the support the government is giving and will continue with efforts towards exploration."