{"id":12213,"date":"2022-05-05T09:47:26","date_gmt":"2022-05-05T09:47:26","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=12213"},"modified":"2022-05-05T09:47:26","modified_gmt":"2022-05-05T09:47:26","slug":"namibia-reconafrica-extends-loi-national-petroleum-corporation","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconafrica-extends-loi-national-petroleum-corporation\/","title":{"rendered":"NAMIBIA: ReconAfrica Extends LOI National Petroleum Corporation"},"content":{"rendered":"

Reconnaissance Energy Africa (ReconAfrica) reports that further to its announcement on February 6, 2022, it has entered into an extension to the Letter of Intent with its partner, the National Petroleum Corporation of Namibia NAMCOR, to acquire half of NAMCOR\u2019s 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence (PEL 73) in the Kavango basin, NE Namibia.<\/p>\n

The parties will now work towards entering into a mutually acceptable agreement and other related documents containing the terms and conditions of the Transaction, including those that are customary in international oil and gas transactions, by June 6, 2022.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Reconnaissance Energy Africa (ReconAfrica) reports that further to its announcement on February 6, 2022, it has entered into an extension to the Letter of Intent with its partner, the National … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":10596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7445,11],"tags":[7587,1675,8312,7589],"class_list":["post-12213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-southern-africa","category-top-news","tag-kavango-basin","tag-namibia","tag-pel-73","tag-reconafrica","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3aZ","jetpack-related-posts":[{"id":11790,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconafrica-seeks-more-control-in-the-kavango-basin-for-27m\/","url_meta":{"origin":12213,"position":0},"title":"NAMIBIA: ReconAfrica Seeks More Control in the Kavango Basin for $27M","author":"","date":"February 8, 2022","format":false,"excerpt":"Reconnaissance Energy Africa has announced it has entered into a Letter of Intent with its partner, the National Petroleum Company of Namibia (NAMCOR) to acquire half of NAMCOR\u2019s 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence (PEL 73) in the Kavango basin, NE Namibia. Consideration\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":10440,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-namcor-reconafrica-sign-joa-that-seeks-to-unlock-oil-gas-potential\/","url_meta":{"origin":12213,"position":1},"title":"NAMIBIA: NAMCOR, ReconAfrica Sign JOA that Seeks to Unlock Oil & Gas Potential","author":"","date":"June 15, 2021","format":false,"excerpt":"The National Petroleum Corporation of Namibia (NAMCOR) and Reconnaissance Energy Africa Ltd. have announce the execution of a Joint Operating Agreement (JOA) to develop the resource potential of the Kavango Sedimentary Basin, Northeast Namibia. Under the agreement, the two companies will jointly pursue an ongoing petroleum exploration program in the\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12582,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconafrica-gets-3-year-extension-to-its-ecc-covering-pel-73\/","url_meta":{"origin":12213,"position":2},"title":"NAMIBIA: ReconAfrica Gets 3-year Extension to its ECC Covering PEL 73","author":"","date":"August 20, 2022","format":false,"excerpt":"ReconAfrica has received a three year extension to its Environmental Clearance Certificate, from the Office of the Environmental Commissioner, Ministry of Environment, Forestry and Tourism of the Republic of Namibia, covering the entire PEL 73 permit, which covers over 6.3 million acres (25,000 km2), in northeast Namibia. The ECC authorizes\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":13812,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconafrica-receives-environmental-clearance-certificate-to-drill-12-new-wells-in-the-kavango-basin\/","url_meta":{"origin":12213,"position":3},"title":"NAMIBIA: ReconAfrica Receives Environmental Clearance Certificate to Drill 12 New Wells in the Kavango Basin","author":"","date":"July 17, 2023","format":false,"excerpt":"Reconnaissance Energy Africa it has received its Environmental Clearance Certificate (ECC) from the Office of the Environmental Commissioner, Ministry of Environment, Forestry and Tourism, coveringPEL 73 licence, which extends over an area of ~6.3 million acres (~25,000 km2), in northeastern Namibia. The ECC authorizes ReconAfrica to commence the drilling of\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/07\/Namibia-Damara-Fold.jpg?fit=750%2C418&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/07\/Namibia-Damara-Fold.jpg?fit=750%2C418&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/07\/Namibia-Damara-Fold.jpg?fit=750%2C418&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/07\/Namibia-Damara-Fold.jpg?fit=750%2C418&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":10683,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconafrica-namcor-provide-additional-drilling-results-and-plans-for-next-exploration-phase-in-the-kavango-basin\/","url_meta":{"origin":12213,"position":4},"title":"NAMIBIA: ReconAfrica, NAMCOR Provide Additional Drilling Results and Plans for Next Exploration Phase in the Kavango Basin","author":"","date":"August 6, 2021","format":false,"excerpt":"Reconnaissance Energy Africa and its joint venture partner NAMCOR have provided n the mud logging report and geochemical analysis, more comprehensive data confirming a working conventional petroleum system. The Company also reports on additional drilling results and plans for the next phase of exploration in the Kavango Basin, NE Namibia\u00a0and\u00a0NW\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Namibia-East-West-Seismic.jpg?fit=750%2C443&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":8971,"url":"https:\/\/www.oilnewskenya.com\/index.php\/namibia-reconafrica-plans-to-spud-first-well-in-the-kavango-basin-in-q4-2020\/","url_meta":{"origin":12213,"position":5},"title":"NAMIBIA: ReconAfrica To Spud First Well in the Kavango Basin in Q4 2020","author":"","date":"August 26, 2020","format":false,"excerpt":"ReconAfrica has reported that it is now funded to initiate and complete a three well drilling program in the most opportune parts of Kavango Basin, with the initial goal of establishing an active Permian aged petroleum system. ReconAfrica is scheduling the spud of the first well (6-2) early December, 2020\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Kavango-Basin.jpg?fit=699%2C508&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Kavango-Basin.jpg?fit=699%2C508&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Kavango-Basin.jpg?fit=699%2C508&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=12213"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12213\/revisions"}],"predecessor-version":[{"id":12214,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12213\/revisions\/12214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/10596"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=12213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=12213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=12213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}