ANGOLA: PGS Releases Central Basin Time Data
PGS has released a new Angola Central Basin Time screening dataset, offering the opportunity to evaluate open acreage for proven pre- and post-salt plays in readiness for the 2025 licensing … 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
EQUATORIAL GUINEA: Panoro Energy Confirms Ratification of Block EG-01 Award and Approval of Block S Farm-in
Panoro Energy ASA confirms that the award of Block EG-01, announced by the Company on 20 February 2023, has been ratified by the Government of Equatorial Guinea. Panoro has been … Read More
CAMEROON: Savannah Energy Signs SPA with Société Nationale Des Hydrocarbures
Savannah Energy has announced that its wholly owned subsidiary, Savannah Midstream Investment Limited (SMIL), has signed a Share Purchase Agreement (SPA) with the national oil company of Cameroon, Société Nationale … 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
TUNISIA: Beender Acquires Minority Share in Panoro’s Business
Panoro Energy has announced that it has entered into a definitive agreement with Beender Tunisia Petroleum Limited to acquire its 40 percent shareholding in Sfax Petroleum Corporation AS for a … Read More
GHANA: Africa Finance Corporation Acquires Shares for Pecan Field
Aker Capital AS, 100 percent owned by Aker ASA, and The Resource Group TRG AS (TRG) have agreed to sell their shares in Aker Energy to AFC Equity Investment, a company owned by Africa Finance Corporation (AFC). … 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
Savannah Energy Provides Q1 2023 Financial and Operational Update
Q1 2023 Unaudited Financial Highlights Cameroon UpdateSavannah acquired an effective 41.06% indirect equity interest in the Cameroon Oil TransportationCompany (COTCo) from ExxonMobil on 9 December 2022. COTCo owns and operates … Read More
CONGO: PetroNor E&P Reports 47% Production Increase YoY in Q1 2023
PetroNor E&P has announced a net average production of 5,206 bopd1 in the first quarter of 2023, representing an 11 per cent increase compared with 4,688 bopd in the previous … Read More
