By Ophir taking over Dominion, Ophir gains the following on east...

By Ophir taking over Dominion, Ophir gains the following on east coast of Africa:

1. Kenya - Block L9 (Lamu)
2. Offshore Tanzania - Block 7 (1.104Bbbl of oil or 7.069Tcf of gas)
3. Onshore Tanzania - Mandawa, Kisangire and Selous PSA
4. Uganda - Exploration Area 4B ("EA4B")
5. DRCongo - Block 5

http://www.dominionpetroleum.com/

COST: "The Offer values the entire issued and to be issued share capital of Dominion and the Dominion Convertible Notes at £118.2 million ($186.3 million)."

"The acquisition reinforces Ophir's position in its core East Africa play where it has led exploration activity resulting in three consecutive deepwater discoveries."

Link: http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11004852

The rush is eastward and seems ME decision has been vindicated.

What happen to the west?????

MS