Africa's Oil, Gas and Energy News.
88 Energy has announced that the 2D seismic data acquisition program for PEL 93 over the Owambo Basin, Namibia, has been completed on time and within budget with no recordable … Read More
Reconnaissance Energy Africa and its joint venture partner NAMCOR have announced the spudding of the Naingopo exploration well on Petroleum Exploration Licence 73 (PEL 73), onshore northeast Namibia. Additionally, the Company … Read More
Operations Update All camp, rig and equipment moves have been completed with all major equipment now on site of the Naingopo exploration well. Third party service contractor teams are either … Read More
Northern Ocean has announced a contract award for Deepsea Bollsta with a subsidiary of a major operator for work in Namibia. The contract duration is for one well estimated at … Read More
Reconnaissance Energy Africa announces an operations update with respect to activity relating to Petroleum Exploration Licence 73 (PEL 73), onshore northeast Namibia, and an update on the joint venture process. … Read More
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
By NJ Ayuk, Executive Chairman, African Energy Chamber Namibia has four onshore and four offshore basins that are estimated to contain 11 billion barrels of oil (boe) and 2.2 trillion … Read More
88 Energy has announced the awarding of the 2D seismic data acquisition program for PEL 93 to Polaris. This program is set to acquire a minimum of ~200-line km of low-impact 2D seismic. 88 … Read More
Azule Energy and Rhino Resources Namibia announce the execution of a farm-in agreement. The agreement will grant Azule a 42.5% interest in Block 2914A located in the offshore Namibian Orange … Read More
88 Energy Limitedhas advised that it has successfully completed a bookbuild to domestic and international institutional and sophisticated investors to raise A$9.9 million (approx. £5.23 million) before costs. Placement proceeds … Read More
