Africa Oil reports result of Marula well

  • Africa Oil Corp (TSX:AOI) reported on the Marula-1X well, offshore Namibia, which was unsuccessful in its primary target. The company – which has an interest in the project via Impact Oil & Gas, a 9.5% stakeholder in Marula – told investors that no  hydrocarbons were encountered in the primary target and no Drill Stem Test was carried out.