Thursday, August 9, 2012

Kenya: More Oil exploration


American firm Apache Corporation is set to begin its off shore oil exploration early next month, raising prospects of more oil discovery in Kenya. Apache which hired the off shore oil rig in April, will begin drilling at the Mbawa1 site 70 kilometers of the coast of Lamu.

Recent Oil discoveries are causing increased prospecting activity. Realistic prospects worth going gung-ho?

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