United Oil & Gas has signed an option agreement with Elephant Oil to farm into the oil and gas Block B onshore acreage in Benin, potentially taking a 20% interest in the production sharing agreement.
Xtract Resources has signed a memorandum of Understanding (MoU) with KPZ International to enter into an option agreement for the EUREKA COPPER/GOLD PROJECT AREA in southern Zambia.
The Ugandan Government through the Ministry of Energy and Mineral Development is set to open a second round of competitive bidding for OIL AND GAS EXPLORATION LICENSES. .
The Tanzania Ministry of Livestock and Fisheries has launched the construction of a US$5.5 million MEAT PROCESSING PLANT in the coastal region of Soga.
