http://www.economywatch.com/features/kenya-oil-success-africa.29-...

http://www.economywatch.com/features/kenya-oil-success-africa.29-10.html

Great article.

Couple of exerts:

Kenya will start pumping its first commercial oil next year and begin exporting in 2016, but this is just the opening salvo: new discoveries in recent months and fast-track new well development make Kenya the darling of East Africa from an investor’s perspective.

Drilling success here has been 100 percent and this is the fourth consecutive wildcat discovery in this basin since March 2012.

In the next 12 months we can expect another 12 wells to be drilled along Kenya’s “string of pearls”, and what investors are sure to be eyeing is the fast progress on two new wells –Bahasi and Sala – being drilled by Tullow and Africa Oil. These wells – targeting 700 million barrels between just the two of them – are in eastern Kenya, and this is where Taipan is.

End exerts:

Two drills (Bahasi & Sala)...700 million barrels between them...

Our Kenya 12B = 1.2 to 2.2 Billion Barrels if 10% still in place. (as previously documented)
I will settle for a few hundred million...no problem...LOL.



Zambia News:

First discoveries of Oil and Gas....
http://news.bbc.co.uk/2/hi/africa/6076636.stm

This is just getting far to crazy!!
Good Crazy :)




Swala, Tullow & Africa Oil were early movers in the region.
Pennypincher is an early mover in Swala :)