March 1, 2006, 10 hours, 33 minutes and 42 seconds ago.$StorySummary$0.$DirectLink$1&sp=l21114
By Andnetwork .com
EXPERTS are expecting big oil discoveries in East Africa that could significantly alter the region's economic fortunes.

Results of recent geological surveys suggest that East Africa may soon become one of the world's hottest oil exploration zones, with data analysed last year by Jebco Seismic, a UK-based geophysical contractor, showing major oil deposits off the coasts of Kenya, Tanzania, Mozambique and Madagascar. 

Source : East African Standard