Nov 9 (Reuters) - Africa Oil Corp AOI.TO :
* Announces farm-out deal with maersk oil for Kenya and ethiopia blocks and
conference call
* Upon closing of deal maersk will pay Africa Oil US$350 million as
reimbursement for approximately 50% of past costs incurred by Africa Oil
* Maersk to carry up to $75 million of co's share of development expenditures
and $15 million of co's share of exploration expenditures
* Says transaction is subject to host government and applicable regulatory
approvals
* Source text for Eikon ID:nMKWrYqVza
* Further company coverage AOI.TO