Africa Oil Announces Oil Discovery at Ekales Prospect in Kenya

Africa Oil Corp. AOIFF is pleased to announce that the Ekales well has discovered oil in Block 13T in Kenya Petrophysical analysis of wireline logs and formation sampling indicates a potential pay zone of 60 to 100 meters which will be confirmed by flow testing. This discovery further de-risks and represents the fourth consecutive significant oil find in this basin. The well is located in Block 13T in Kenya and the Company holds a 50% working interest with operator Tullow Oil Kenya holding the remaining interest and operatorship.The Company is also pleased to update progress on four additional exploration wells in Kenya and Ethiopia.The Agete-1 well, also in Block 13T, was spud on September 16 and is currently drilling ahead. This prospect is 7 kilometers north of the Twiga discovery and along the basin bounding fault trend referred to as the string of pearls by the Company. It has a pre-drill prospective resource best estimate of 276 million barrels of recoverable oil with a chance of success of 54% (Gaffney, Cline & Associates July 31, 2013).The Bahasi-1 well in the Kenya Block 9 Bahasi prospect is See full press release