Taipan Resources is pleased to announce that it will be conducting a conference call on its Block 2B prospects in NE Kenya's Anza Basin. The call will be held on Tuesday, May 28th at 7:00am PST (10:00am EST / 3:00pm BST) and take a closer look at the similarities between Block 2B and the Twiga / Ngamia Discoveries made by Tullow Oil Plc. management [...]
Taipan Resources is pleased to provide the shareholders' letter and operational update below from CEO Max Birley, Nairobi Kenya. Taipan finds its own "string of pearls" on Block 2B
Taipan Resources is pleased to announce that the block wide full tensor gradiometry survey (FTG) on Block 2B in Kenya has been completed. With the completion of the FTG survey and recent 439 km 2D seismic survey, Taipan has completed the work program for the Initial Exploration Period on Block 2B. The First Additional Exploration Period for Block [...]
Taipan Resources is pleased to announce that 439 km of 2D seismic data has been acquired for Block 2B, onshore Kenya, by the 13th March 2013, above the commitment of 400 km. The BGP seismic crew has been demobilized and is expected to return to the area later on in the year to acquire additional 2D seismic data.
Taipan Resources is pleased to announce that the Company has completed a non-brokered private placement for gross proceeds of approximately $3,107,450 through the issuance of 8,878,425 units at a price of $0.35 per Unit. Each Unit consists of one common share and one warrant exercisable into an additional common share at a price of $0.50 for a [...]
Taipan Resources is pleased to announce that the Company is proceeding with a non-brokered private placement to raise up to $3,000,000 through the issuance of up to 8,571,428 units at a price of $0.35 per Unit. Each Unit will consist of one common share of the Company and one transferable share purchase warrant, with each warrant entitling the [...]
Taipan Resources advises that it has granted incentive stock options to certain directors, officers and consultants of the Company, entitling them to purchase up to 5,550,000 common shares of the capital stock in the Company at an exercise price of $0.325 per share for the next 4 years.
Taipan Resources is pleased to announce that 2D seismic data recording commenced on Block 2B onshore Kenya on January 13th, 2013. As previously announced, Taipan's wholly owned subsidiary Lion Petroleum Corp. awarded a contract to BGP to acquire the 2D seismic data on the 15th of November 2012. BGP mobilized its crew number 8638 E and started camp [...]
Taipan Resources is pleased to announce that it has contracted ARKeX Ltd. to undertake an 11,750 km Full Tensor Gravity Gradiometry survey (FTG) over Block 2B onshore Kenya. The survey, which will also acquire magnetic data, is expected to commence in late January and to be completed in February 2013.