Uganda Sign oil exploration deal (news and homepage)

Uganda signs oil exploration deal with Australia’s Armour Energy Limited

Uganda has signed an oil exploration deal with Australia’s Armour Energy Limited, the first under a protracted competitive licensing round launched in 2015. The production-sharing agreement covers Kanywataba block, a 344-square-kilometre (133-square-mile) area in the Albertine rift basin near the border with Democratic Republic of Congo, officials said at the signing in the Ugandan capital Kampala.

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