Kenya: Pancontinental seeks L8 renewal


Issue 272 - 28 Feb 2014 | 1 minute read

Following Apache Corporation’s departure from Block L8, Australia’s Pancontinental Oil & Gas is hoping to negotiate a new production sharing contract for the block, which the Ministry of Energy and Petroleum considers to have expired. A ministry spokesman told African Energy the production sharing contract for Block L8 had expired on 21 January. “Pancontinental, and the original operators, Origin and Apache, had already exhausted the initial and additional stages,” he said. “The cabinet secretary will have to decide whether the block goes up for re-contracting or to allow Pancontinental to renegotiate.”

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