Africa's Oil, Gas and Energy News.
The Company is pleased to announce that it has entered into a non-binding HoT with DMA, its largest offtaker, to prepay for SDX’s gas deliveries in Morocco. The initial terms of … Read More
SDX Energy has announced that it has commenced drilling the Ksiri-21 well in Sebou Central of the Gharb Basin, Morocco. The vertical development well will be drilled to a planned total depth of approximately 1,950 metres. Using existing 3D seismic, the well is targeting … Read More
Testing programme The proposed rigless testing programme has been presented to the Office National des Hydrocarbures et des Mines (ONHYM). MOU-1 will be the first well in the rigless testing … Read More
MOROCCO: Chariot, Mohammed VI Polytechnic University and Oort Energy Sign Partnership Agreements to Extend Collaboration on Green Hydrogen Pilot Projects Chariot Green Hydrogen Limited, Mohammed VI Polytechnic University (UM6P) and … Read More
NuTech wireline log analysis and reservoir characterisation of the MOU-4 well has highlighted the following intervals to be likely gas sands that will form the primary objectives in a rigless … Read More
Predator Oil & Gas with near-term gas operations focussed on Morocco, is pleased to announce that the MOU-4 well commenced drilling on 29 June 2023 at the start of the Eid holiday in … Read More
Project Debt Funding The Company announced on 23 June 2022 that it had entered into an Arrangement and Mandate letter with Attijariwafa bank, a Moroccan multinational bank and one of the … Read More
HIGHLIGHTS Development of the Moroccan Tendrara Production Concession · Phase 1 Micro LNG project o Signing of the Notice to Proceed in February 2022 o Drawdown of the Loan Note subscription with Afriquia … Read More
Full year 2022 key results: · Net Production, 3,723 boe/d (507 bbls/d and 19.3mmscf/d), marginally ahead of mid-point full year guidance of 3,480 – 3,795 boe/d. · EBITDAX of US$24.6 million and operating cash flow (before … Read More
Sound Energy, the transition energy company, is pleased to provide a financing update, including in relation to the Company’s Tendrara Production Concession, onshore Morocco. The Company announced on 23 June … Read More
