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Canadian, South African consortium to explore for oil

A consortium of Canadian and South African companies, Heritage Oil and Gas and Energy Africa, is to start oil exploration in Uganda's Rift Valley in March, AFP reported on Sunday, quoting officials. Uganda's commissioner of petroleum exploration and exploitation, Reuben Kashambuzi, said the consortium had adopted the name Eagle Drill, in which each of the two firms would have a 50 percent stake. Exploration will take place in a 3,100 sq km area near Lake Albert in western Uganda. A drilling rig being rehabilitated in South Africa will be shipped to Uganda before the end of the year.

This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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