east africa to go off?, page-10

Anadarko are the first of the majors to get back into East Africa. CNOOC are also drilling.

There are others lined up, but a good hit will do wonders for the prospects of all players in the area.

If someone can post the offshore map it would be great, but you will see big names like Shell etc. These guys dont take big risks and Anadarko has derisked the area significantly.

Once more players start drilling you will start to see consolidation in the game (ie takeovers) and a greater flow of cash into those companies playing there.

Aminex are also looking to farm down parts of Nyuni to big players to accelerate drilling... this will help.

This is all good for the likes of KEY.