ZIMBABWE: Invictus Energy Hopes to Raise up to A$20m to fund exploration and appraisal work in Cabora Bassa basin

Invictus Energy has launched a Share Purchase Plan and the shortfall offer to raise up to A$10m to fund exploration and appraisal work in Zimbabwe’s Cabora Bassa basin. Invictus had … Read More

TANZANIA: Helium One Global Provides Rukwa Update

2D Seismic Interpretation Helium One’s ongoing interpretation of Phase II 2D Seismic data has identified multiple areas of interest with potential closure at both the Lake Bed and Karoo Group levels.  The … Read More

SOUTH AFRICA: Block 11B/12B JV Contemplating Early Production System for a Phased Development of the Paddavissie Fairway

Block 11B/12B joint venture partners are contemplating an early production system (EPS) for a phased development of the Paddavissie Fairway according to Africa Energy. Africa Energy says joint venture is … Read More

ZIMBABWE: Invictus Signs Petroleum Exploration Development & Production Agreement

Following approval from His Excellency President E.D. Mnangagwa, the PEPDA between Invictus’s 80% owned subsidiary, Geo Associates and the Republic of Zimbabwe has been executed. The agreement was signed on … Read More

NAMIBIA: Global Petroleum Provides Updated Prospective Resources Estimate for PEL0094

Global Petroleum Limited has announced its updated estimate of Prospective Resources for PEL0094 (Block 2011A), offshore Namibia, following interpretation of the 2D seismic data which the Company recently licensed. Global … Read More

SOUTH AFRICA: Tower Resources Enters the Second Exploration Period of the Algoa-Gamtoos license

Tower Resources has announced that its subsidiary Rift Petroleum Ltd, together with Operator and 50% partner New Age Energy Algoa (Pty) Ltd, has now formally agreed to enter the Second … Read More

FAR Ltd Secures 24 month ESIA License Renewal For Kenya’s Block L6

Australian explorer FAR has reported that it has secured a 24-month renewal to the existing Environmental and Social Impact Assessment License in effect across the onshore areas of Block L-6 … Read More