Corporate
Corporate Overview
Rift Energy Corp. is a privately owned early stage oil & gas exploration and development company focused on high impact opportunities throughout east and central Africa.
Our Management Team has extensive African experience, coupled with a track record of growing early stage companies through to profitability with a substantial reserve base.
- Our overlying goal is to build a company with a solid portfolio of assets containing a diverse mix of risk profiles, that can be translated to proven reserves and strong cash flow.
- strive to operate each concession we acquire.
- In addition, we also consider farm-out options with industry partners in order to recover costs and lower our risk profiles.
Our principal asset is Block L19 in Kenya. In June 2012, we signed a Production Sharing Contract (“PSC”) covering Block L19, which currently contains approximately 9,000 KM² (2.2 million acres) in the Lamu Basin in the southeastern section of Kenya. An aggressive exploration program for Block L19 is now in progress.
- Our principal asset is Block L19 in Kenya. In June 2012, we signed a production Sharing Contract ("PSC") covering Block L19, which currently contains approximately 9,000 square kms (2.2 million acres) in the Lamu Basin in the southeastern section of Kenya. An aggressive exploration program for Block L19 is now in progress.