OPINION: Oil Discovery Will Lead to Huge Benefits for Namibia if Exploited Sustainably

By NJ Ayuk Six months ago, Canadian oil and gas company Reconnaissance Energy Africa Ltd. (ReconAfrica) began exploratory drilling in the deep Kavango Basin of northeast Namibia and into northwest … Read More

NAMIBIA: ReconAfrica, NAMCOR Provide Additional Drilling Results and Plans for Next Exploration Phase in the Kavango Basin

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 … Read More

UGANDA: Local Contractors Could Earn Up to $1.5Bn From Development Phase

Ugandan contractors could earn more than USD 1.5 billion from contracts associated with the development phase in the Kingfisher and Tilenga oil projects as well as the EACOP and Kabaale … Read More

EGYPT: United Oil and Gas Announces Successful Testing of Al Jahraa-8 Development Well

United Oil & Gas has provided the following update on the testing of the Al Jahraa-8 (“AJ-8”) development well in the Abu Sennan concession, onshore Egypt (the “Licence”). United holds … Read More

Africa Oil Announces the Receipt of Prime Dividend, the Upsizing and Completion of its Corporate Loan Refinance

Africa Oil Corp. has announced that it has received a dividend from Prime Oil and Gas Cooperatief UA and that is has completed the refinancing of its corporate loan facility. … Read More