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Kenya: Apache out, Premier in


Apache Corporation has signalled its intention of pulling out of Block L8, where the Mbawa well made a small gas discovery in 2012, while Premier Oil has farmed into Block 2B. Partner Pancontinental Oil & Gas said Apache’s withdrawal from L8, its only venture in sub-Saharan Africa, followed other Apache divestments, including the Gulf of Mexico (announced in July), Alberta, Canada (announced in August) and a sale to Sinopec in Egypt (announced on 1 September).

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