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

NAMIBIA: ReconAfrica & NAMCOR Granted 2D Seismic Permit for the Kavango Basin

Reconnaissance Energy Africa has announced that the Republic of Namibia’s Ministry of Environment, Forestry and Tourism has issued on Friday July 2, 2021 the Environmental Clearance Certificate (“ECC”) for the … Read More

SOUTH AFRICA: Qatar Petroleum Enters into 3 Offshore Exploration Blocks with TotalEnergies

Qatar Petroleum entered into agreements with TotalEnergies to acquire working interests in three offshore exploration blocks in South Africa. Under the terms of the agreements, which are subject to customary … Read More

Africa Oil Provides the Receipt of Prime Dividend & Provides Positive Egina Operational Update

Africa Oil Corp. has announced that it has received its seventh dividend from Prime Oil and Gas Cooperatief UA as well as provided an update the markets on a significant … Read More

NAMIBIA: NAMCOR, ReconAfrica Sign JOA that Seeks to Unlock Oil & Gas Potential

The National Petroleum Corporation of Namibia (NAMCOR) and Reconnaissance Energy Africa Ltd. have announce the execution of a Joint Operating Agreement (JOA) to develop the resource potential of the Kavango … Read More

NAMIBIA: ReconAfrica’s 1st Well Proves Working Conventional Petroleum System in the Kavango Basin

First Drill Site (6-2 well) The well sample log of the 6-2 provides over 200 meters (over 660 feet) of oil and natural gas indicators/shows over three discrete intervals in … Read More

Africa Oil Announces 2020 Fourth Quarter Results

Highlights Africa Oil fourth quarter net income of $79.8 million and full-year net income of $198.0 million, excluding a $215.6 million non-cash impairment of Kenya exploration assets posted in the first quarter 2020. Strong quarterly profit contribution … Read More