AOC Concluded Peteroleum Exploration and Production Agreement

The Ethiopian Ministry of Mines and Africa Oil Corporation concluded peteroleum exploration and production agreement on Thursday in Addis Ababa, Ethiopia.
Mines Minister, Sinknesh Ejigu and Africa Oil Corporation Vice President for Business Development, James R. Phillips signed the agreement. The exploration and production concession covers huge acreage in South Omo and Ogaden regions of Ethiopia. Africa Oil Corporation in association with Tullow Oil and New Age Ethopia LTD Company is getting encouraging results in petroleum exploration in Ethiopia.

Source:ENA