ZIMBABWE: Invictus Raises $10M to Fund Mukuyu-2 Well Preparations & Phase 2 Exploration

Invictus Energy has announced a private Placement to raise $10.0m, at $0.12 per share, following the Company’s decision to advance preparations for an appraisal and exploration campaign in Zimbabwe’s Cabora … Read More

SOUTH AFRICA: IDC Funds Kinetiko to Develop Gas Fields

The Industrial Development Corporation of South Africa (IDC) a wholly owned subsidiary of the South African government mandated to promote economic growth and industrial development in South Africa has advanced … Read More

NAMIBIA: ReconAfrica Ongoing 2-D Seismic Program Confirms New Play Type in the Southern & Western Part of PEL 73

Reconnaissance Energy Africa announces as a result of recent data from the ongoing phase two 2-D seismic program, a significant new play type has been confirmed in the southern and … Read More

NIGERIA: San Leon Energy Provides Update on Proposed Transactions, Refinancing Update & ELI Operational Update

San Leon announces a further update in relation to: i) the proposed transactions with Midwestern Oil & Gas Company Limited (Midwestern) and the Company’s further conditional investments in ELI; ii) … Read More

ANGOLA: Saipem Awarded New Offshore EPCI Contract at the Agogo Full Field Development project

The first contract has been assigned by Azule Energy for the Agogo Full Field Development project, a deepwater greenfield development, approximately 180 kilometres offshore Angola, about 20 kilometres west of the … Read More

EQUATORIAL GUINEA: Marathon Oil Reaches Agreement to Further Develop Gas Mega Hub

Marathon Oil Corporation, through its affiliated company Marathon E.G. Holding Limited, announced it has signed a Heads of Agreement (HOA) with the Republic of Equatorial Guinea (E.G.) and Noble Energy E.G. Ltd, a … Read More

SOUTH AFRICA: Kinetiko Energy Reports Core Well 270-05C Intersected Significant Gassy Zones

Kinetiko Energy has provided an update on its onshore gas exploration and production development activities. Core well 270-05C spudded in March 2023 approximately 10kms from South Africa’s largest gas pipeline, the Lily Pipeline, … Read More