SOMALIA: Africa Oil Completes Somalian Shoot

Africa Oil has successfully completed a 2D seismic survey in the Dharoor Valley of Puntland Somalia. A total of 782 km of vibroseis data, comprising a grid of 15 lines, were recorded by IMC Geophysical of the UK.

The Company will now process the new survey and combine the 555 km of earlier data into its seismic database. Mapping of this combined survey should commence in early 2009 and drilling locations will be selected before the end of Q1, 2009. This will permit mobilization of a drilling rig to fulfill the company’s drilling obligations under the Production Sharing Agreements before the end of 2009.



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