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

SOUTH AFRICA: Eco Atlantic Awards EIA Contract Ahead of Proposed Offshore Exploration in Block 3B/4B Orange Basin

Eco (Atlantic) Oil & Gas and its partners are applying for Environmental Authorisation to undertake exploration activities in Block 3B/4B in the Orange Basin off the Northern Cape/South-West Coast of South Africa .  The Joint Venture (JV) … Read More

SOUTH AFRICA: Africa Oil Announces New CPR for Prospective Resources in Block 3B/4B, Orange Basin

Highlights Africa Oil Chief Executive Officer, Keith Hill, commented on the statement of reserves: “Africa Oil is at the forefront of the exciting appraisal and exploration activities in the Orange Basin, … Read More

EQUATORIAL GUINEA: Africa Oil, Panoro Energy Awarded Offshore Blocks

Africa Oil has announced that it has signed two production sharing contracts (PSCs) with the Republic of Equatorial Guinea for offshore Blocks EG-18 and EG-31. These PSCs are subject to ratification by … Read More