The company and Tullow have completed the farm-outs related to the South Omo Block (Ethiopia) and Blocks 10A, 10BB, 12A and 13T (Kenya).
Tullow paid an aggregate of $1,686,432 to Africa Oil to acquire its interest in Blocks 12A and 13T.
Earlier, Africa Oil had entered into a farm-out transaction with Tullow Oil for five blocks in Ethiopia and Kenya.
Tullow has assumed the role of operator on all of these blocks.
The company said that each company will be responsible for its working interest share of future joint venture expenditures in these blocks.
Africa Oil is a Canadian oil and gas company with assets in Kenya, Ethiopia and Puntland (Somalia).
