Agiterra ups production estimate on South Omo block

Agriterra, an AIM-listed pan-African agricultural company, pleased investors after reporting a production estimate of 2,700m barrels on the South Omo block in Ethiopia, in which the firm holds a one-fifth working interest.

Agriterra, an AIM-listed pan-African agricultural company, pleased investors after reporting a production estimate of 2,700m barrels on the South Omo block in Ethiopia, in which the firm holds a one-fifth working interest.

The estimate follows an independent assessment of the area, which covers 29,465 square kilometres and is part of one of the last great rift basins to be explored in East Africa.

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