(AFR) Afren
Summary
Afren is an independent oil and gas exploration and production company founded in late 2004 with the vision to become the premier pan-African independent exploration and production company, through a differentiated strategy based on a strong African representation in the Board and management, partnering with indigenous companies, National Oil Companies and Governments as well as finding a solution to the vast untapped gas resources in the Gulf of Guinea.
Visit the Afren website | Afren East Africa Exploration | 2010 Annual Report
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| Mon 07:00 | RNS |
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RNS Number : 8137W Afren PLC 06 February 2012
Afren plc (AFR LN) Exploration drilling commences offshore Ghana London, 6 February 2012 - Afren plc ("Afren" or the "Company") announces that operator Eni Ghana exploration and production Ltd. has commenced drilling of the Nunya-1X exploration well on the Keta block, located offshore Ghana. Afren today announces thatEni Ghana exploration and production Ltd. ("Eni"), operator of the Keta block which is located in the Volta River Basin offshore Eastern Ghana, has commenced drilling of the Nunya-1X (formerly named Cuda-2) exploration well with the Marianas semi-submersible drilling rig. The Nunya prospect is a four-way dip closed structure with a primary reservoir target comprising Upper Cretaceous deep-marine fan sandstones that are analogous to those that have yielded significant discoveries elsewhere along the West Africa Transform Margin. Following the farm out in 2011 of a 35 per cent. participating interest in the Keta block and transfer of operatorship to Eni, Afren has a 35 per cent participating interest in the block. Full ownership of the Keta block is:
Osman Shahenshah, Chief Executive of Afren, commented: "We are pleased to have commenced drilling at the Nunya prospect offshore Ghana where we are looking to test the regionally proven Upper Cretaceous play that has yielded successful results elsewhere along the West Africa Transform Margin. Having made a successful start to our 2012 exploration drilling campaign with the Okoro East discovery, and with the JS-2 exploration well drilling ahead in the Kurdistan region of Iraq, the Company is firmly engaged in its most active phase of exploration activity to date with multiple wells planned across Afren's core areas, each of which has the potential to materially increase the Company's discovered reserves base."
Notes to Editors Afren is an independent upstream oil and gas exploration and production company listed on the main market of the London Stock Exchange and constituent of the Financial Times Stock Exchange Index of the leading 250 UK listed companies. Afren has a portfolio of 29 assets across 12 countries spanning the full cycle E&P value chain. Afren is currently producing from its assets offshore Nigeria and Côte d'Ivoire and holds further interests in the Kurdistan region of Iraq, Ghana, Nigeria, Côte d'Ivoire, Congo Brazzaville, the Joint Development Zone of Nigeria - São Tomé & Príncipe, Kenya, Ethiopia, Madagascar, Seychelles, Tanzania and South Africa. For more information please refer to www.afren.com This information is provided by RNS The company news service from the London Stock Exchange More |
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| 02-02-12 | RNS |
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RNS Number : 7012W Afren PLC 02 February 2012
Afren plc (AFR LN) Board Appointment London, 2 February 2012 Afren plc ("Afren" or the "Company") announces the appointment of Mr Patrick Obath as a Non-executive Director of the Company. Mr Obath, an East African national, is a senior energy industry practitioner, having held a number of senior management positions in a career spanning over 36 years, including 20 years with Shell International, Shell Kenya, Shell Tanzania and Shell Oil Products Africa ("Shell"). Mr Obath's tenure at Shell included Engineering Management across the Shell Group refineries, implementing and leading the Corporate Health, Safety and Environmental Management for Shell Eastern Africa covering 14 African countries, managing the network for product receipt storage and distribution in the Shell Eastern Africa Area (Kenya, Uganda, Tanzania, Ethiopia, Rwanda, Mauritius, Madagascar, Eritrea, Sudan and Djibouti) and Chief Executive of Kenya Shell and Shell Tanzania. Mr Obath currently also serves as Chairman of PZ Cussons EA Limited and is a non-executive Director at Standard Chartered Bank Kenya Limited and Kenya Power and Lighting Company Limited. Mr Obath has a B.Sc. (Hons) in Mechanical Engineering from the University of Nottingham. He is Chairman of the Kenya Private Sector Alliance and has received a number of East African Honorary recognitions, including the Order of the Grand Warrior (OGW) by H.E. the President of the Republic of Kenya, the National Peace Award, Kenya, and the Order of the Moran of the Burning Spear (MBS) by H.E. the President of the Republic of Kenya. The Company confirms that there are no disclosures required under paragraphs 9.6.13 (2) to (6) of the Listing Rules of the UK Listing Authority
Egbert Imomoh, Chairman of Afren, commented: "On behalf of the Directors of Afren, I am delighted to welcome Patrick Obath to the Board. Mr Obath has an outstanding industry track record, particularly in leading Corporate Health, Safety and Environmental Management, combined with significant East African experience that will prove invaluable as we move into an active operational phase across our exploration portfolio in Kenya, Tanzania, Madagascar, Ethiopia and Seychelles."
Notes to Editors Afren is an independent upstream oil and gas exploration and production company listed on the main market of the London Stock Exchange and constituent of the Financial Times Stock Exchange Index of the leading 250 UK listed companies. Afren has a portfolio of 29 assets across 12 countries spanning the full cycle E&P value chain. Afren is currently producing from its assets offshore Nigeria and Côte d'Ivoire and holds further interests in the Kurdistan region of Iraq, Ghana, Nigeria, Côte d'Ivoire, Congo Brazzaville, the Joint Development Zone of Nigeria - São Tomé & Príncipe, Kenya, Ethiopia, Madagascar, Seychelles, Tanzania and South Africa. For more information please refer to www.afren.com This information is provided by RNS The company news service from the London Stock Exchange More |
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| 01-02-12 | RNS |
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RNS Number : 5985W Afren PLC 01 February 2012 Afren plc ('Afren' or 'the Company') Shareholding in the Company and Total Voting Rights
In conformity with the Financial Services Authority's Disclosure and Transparency Rules the Company would like to notify the market of the following:
Afren plc's total issued share capital consists of 1,073,665,088 Ordinary Shares with voting rights. No Ordinary Shares are held in treasury.
Therefore, the total number of voting rights in Afren plc is 1,073,665,088.
The above figure (1,073,665,088 Ordinary Shares) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Afren plc under the FSA's Disclosure and Transparency Rules.
Enquiries
Elekwachi Ukwu Deputy Company Secretary Afren plc
+ 44 20 7451 9700
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 01-02-12 | RNS |
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RNS Number : 5512W Afren PLC 01 February 2012
Afren plc (AFR LN) Investor presentation London, 1 February 2012 - Afren plc ("Afren" or the "Company") announces that it is currently presenting to a number of Asian investors, as part of its ongoing Investor Relations activity in the region. The presentation materials are available on Afren's website at www.afren.com
Notes to Editors Afren is an independent upstream oil and gas exploration and production company listed on the main market of the London Stock Exchange and constituent of the Financial Times Stock Exchange Index of the leading 250 UK listed companies. Afren has a portfolio of 29 assets across 12 countries spanning the full cycle E&P value chain. Afren is currently producing from its assets offshore Nigeria and Côte d'Ivoire and holds further interests in the Kurdistan region of Iraq, Ghana, Nigeria, Côte d'Ivoire, Congo Brazzaville, the Joint Development Zone of Nigeria - São Tomé & Príncipe, Kenya, Ethiopia, Madagascar, Seychelles, Tanzania and South Africa. For more information please refer to www.afren.com This information is provided by RNS The company news service from the London Stock Exchange More |
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* Total said in serious talks with KRG
Total prepares to move into Iraqi Kurdistan-sources Thu Feb 9, 2012 http://reut.rs/yIhuSq |
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Gulf Keystone Petroleum hires corporate advisors to assist in Akri-Bijeel stake sale
7:32 am by Jamie Ashcroft http://bit.ly/A7KxXl |
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