1) Kenya will start shipping oil in 2016, becoming the first oil exporter in East Africa
2) Kenya’s deposits may top 10 billion barrels - more than three times the U.K.’s remaining reserves.
3) Tullow and partner Africa Oil Corp plan to spend at least a year exploring for further deposits. They have two drilling rigs in Kenya and expect to secure one more later this year.
4) The Kenyan government wants things to go faster. “They are not drilling enough wells,” says the Kenyan Petroleum Commissioner
You tell me this isn't going to make a push to $1?
SWE Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held