NAMIBIA: Africa Oil Adds Stake in Impact Oil & Gas Limited with USD 95.0 million Placement

Africa Oil has announced that it has participated in a USD 95.0 million Open Offer by Impact Oil & Gas Limited, the privately–owned, African–focused exploration company. The capital raised shall be used … Read More

BOTSWANA: Tlou Energy Provides Quarterly Activities Report for Q1 2023

Highlights Ø The 66KV overhead transmission line is steadily progressing Ø Development of a purpose-built operations facility is continuing Ø Substation construction scheduled to commence Ø Production well drilling underway with Lesedi 6 Activities … Read More

South Africa’s Luiperd-Brulpadda Gas Fields Represent Huge Opportunities; We Must Not Let Them Pass Us By

By NJ Ayuk When South Africa entered the year 2023, it did so as a country that was thoroughly dependent on imports to meet its demand for natural gas. This … Read More

NAMIBIA; Pancontinenta Provides PEL 87 Update

HIGHLIGHTS Pancontinental Energy has provided the following project update regarding the Company’s PEL 87 exploration permit, offshore Namibia. PEL 87 3D Seismic Survey The 6,872 km 2 PEL 87 3D survey is being acquired by Petroleum Geo-Services’ Ramform Titan survey vessel, providing extremely high efficiency data acquisition … Read More

BOTSWANA: Tlou Energy Commences South Lesedi 6 Production Well Drilling

Tlou Energy has announced that work has begun on the next phase of drilling at the Company’s Lesedi Gas-to-Power project. The Lesedi 6 gas production pod spudded on 10 April 2023 and is at a depth of approx. 59m. The pod will comprise one … Read More

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