RRS range resources limited

The following update is confirmation that both blocks have good...

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    The following update is confirmation that both blocks have good potential with both having several large drilling prospects, moreover the update confirms Africa oil's drilling schedule to start from July - September 2010 for the Dharoor Block
    and for the Nugaal Block: December 2010-March 2011..


    APR 7, 2010 - 09:00
    Africa Oil Corp.: Operations and Corporate Update

    Somalia (Puntland)

    Dharoor Block:
    The Company has completed a comprehensive interpretation of newly acquired 2D seismic data over the Dharoor Block. Several large prospects have been identified.

    Africa Oil and its joint venture partners have agreed to initially drill one prospect in Dharoor. The well is expected to commence drilling before the end of 2010. The Company holds a 65% working interest in this project.

    Nugaal Block:
    Africa Oil has completed a re-interpretation of the existing 2D seismic data over the Nugaal Block. Several large prospects have been identified. Africa Oil and its joint venture partners are in discussion regarding drilling plans for 2010-2011. The Company holds a 65% working interest in this project.

 
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