Tullow Oil Plc, the United Kingdom-based oil explorer that unlocked billions of barrels in frontiers from Uganda to French Guiana, wants to repeat those landmark finds drilling onshore East Africa as industry peers target natural gas offshore.
With Canadian partner Africa Oil Corp., Tullow is aiming for at least 300 million barrels of oil worth $30 billion or more with its first two sites in an underdeveloped area stretching from Kenya to Ethiopia, a plot almost the size of England.
Click here for the Bloomberg News report.
--Jack Z. Smith
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