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North American Kariya Energy Set to Acquire Oil and Gas Assets in Africa

North American Kariya Energy Set to Acquire Oil and Gas Assets in Africa

Kariya Energy announced today that it will enter into various definitive agreement to acquire upstream and midstream oil and gas assets in African countries.

Kariya Energy’s technical and financial strength puts it in a position to bring Canadian and American ingenuity into the growing oil and natural gas market in Africa.

Kariya Energy and its management team’s engagements and experience with various deep and shallow water projects in Mozambique, Nigeria, Senegal, Congo DRC, Congo Republic and Gabon makes these countries great investment possibilities. After spending 16 months reviewing data from various IOC’s, Kariya Energy will be pursuing acquisitions of various exploration and development plays either through Farm-in deals or operatorship through risk service contracts, or direct negotiations with sovereign governments.

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Source: OilnewsKenya

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