ophir - takes off. tanz 4.5 tcf gas discovery , page-21

One very positive aspect for FAR, with regards to the Tullow find, is Tullows desire for more Kenyan acreage, including offshore Kenya.

They are already involved in offshore block L8 (with PCL, Apache & Origin) but they are looking at increasing their exposure.

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Tullow Plans to Increase Kenyan Investments After Discovery

By Johnstone Ole Turana on March 26, 2012

Tullow Oil Plc (TLW) plans to increase investment exploring for oil and gas in Kenya after a discovery from its first well in the country’s remote northwestern Turkana region, said Vice-President for Africa Tim O’Hanlon.

The U.K. explorer expects to get a first estimate of the size of the deposit “within the next few months,” O’Hanlon told reporters in Kenya’s capital, Nairobi, today.

http://www.businessweek.com/news/2012-03-26/tullow-plans-to-increase-kenyan-investments-after-discovery

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Kenya to list eight new oil exploration blocks

Published on 16/03/2012

The Kenya Government has marked out eight new offshore oil blocks to be opened up for leasing by exploration firms, senior Energy ministry officials said Friday.

Exploration interest in Kenya and its neighbours has increased after oil deposits were found in Uganda and natural gas in Tanzania and Mozambique. At least five oil companies are already jostling for the new blocks, which Kenya had initially expected to list in the Kenya Gazette by the end of February, but delays arose due to errors while surveying the blocks.

Their listing in the weekly government publication makes it legal for them to be leased out for exploration. France’s Total, Norway’s Statoil, Brazil’s Petrobras, New York-listed Apache Corporation and UK’s Tullow Oil Plc had expressed interest in the blocks, a government official said.

"The companies specified they wanted deepwater offshore blocks," Alfred Odawa, a consultant geologist at the energy ministry, told Reuters. The blocks will be to the east of existing ones off the coast of Kenya, and will bring the total number of exploration blocks to 46.

— Reuters

http://www.standardmedia.co.ke/InsidePage.php?id=2000054218&cid=14&j=&m=&d=