Tag: BW Energy

Countries Top News West Africa

GABON: Minister of Oil Embarks on an Aggressive Investment Campaign in Deepwater Exploration Opportunities.

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The newly appointed Minister of Oil and Gas of Gabon HE Sosthène NGUEMA is shifting his focus to deepwater oil and gas exploration under efforts to bring new projects online and mitigate … Read More

Countries Top News West Africa

GABON: Appraisal Well Confirms Potential for future Bourdon Development Cluster

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BW Energy is pleased to announce that second sidetrack DBM-1 ST2 well has confirmed the substantial oil discovery with good reservoir and fluid quality of the Bourdon prospect in the Dussafu … Read More

Countries Top News West Africa

GABON: BW Energy Reports Highest Quarterly Production from the Dussafu licence

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BW Energy reports net production was approximately 2.5 mmbbls of oil and the net sold volume, the basis for revenue recognition, was approximately 2.7 mmbbls including 97,500 bbls of DMO … Read More

Countries Southern Africa Top News

NAMIBIA: Naingopolog Well Unsuccessful Despite Indications of Oil – ReconAfrica

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Highlights of the Naingopo well: Brian Reinsborough , President and CEO of the Company stated: “We are excited about the results of this well, which opens the play and demonstrates a working … Read More

Countries Southern Africa Top News

NAMIBIA: BW Energy to Acquire Shares in Reconnaissance Energy Africa & PEL 73

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BW Energy has signed a Letter Agreement with Reconnaissance Energy Africa Ltd (ReconAfrica) to acquire approximately 16.8 million common shares and 16.8 million warrants for a total consideration of USD … Read More

Southern Africa

NAMIBIA: Sintana Energy Completes Acquisition of Interest in Giraffe Energy

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Sintana Energy has announced that it has closed its previously announced acquisition of an initial 49% interest in Giraffe Energy Investments (Pty) Ltd., pursuant to a definitive agreement dated effective … Read More