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

ACTING Launches African Gas 2021 Report, Forecasts Rapid Growth of Gas-to-Power

ACTING’s inaugural report offers most comprehensive resource on Sub-Saharan Africa’s natural gas market trends; Africa to witness increase localization and regionalization of LNG trade on the back of AfCTFA and … Read More

Tlou Energy, Botswana Power Corporation Execute Pilot Power Purchase Agreement

A pilot Power Purchase Agreement (PPA) has been fully executed between Tlou Energy and Botswana Power Corporation (BPC) for the first 2MW of power from the Lesedi project. A grid connection agreement has also been signed which … Read More

Botswana, ReconAfrica Amend Exploration License to Exclude Entire Tsodilo Hills Area

Exploration License 001/2020 ReconAfrica recognizes and accepts the importance of pertinent cultural and historical sites. As such the Tsodilo Hills, located in north-west Botswana near the Namibian Border, an UNESCO … Read More

BOTSWANA: Tlou Energy Provides Funding for Development of the Lesedi Power Project Update

Project Finance The Company is currently seeking funding for development of the Lesedi power project proposed to be developed in two phases.  Phase one involves transmission line construction, transformers, grid … Read More