Africa's Oil, Gas and Energy News.
Eco (Atlantic) Oil & Gas through its wholly owned subsidiary Azinam South Africa Limited plans to spud the Gazania-1 well, 25km offshore the Northern Cape in South Africa in September 2022. The … Read More
On 25 April 2022 the Company announced that that the Namibian authorities had granted a one year extension to the Initial Exploration Period of PEL 94 until September 2023, also … Read More
ReconAfrica has announced that it continues advanced planning and permitting for the first well of the 2022 stratigraphic test well drilling program and is on track to commence drilling later … Read More
Reconnaissance Energy Africa (ReconAfrica) reports that further to its announcement on February 6, 2022, it has entered into an extension to the Letter of Intent with its partner, the National … Read More
Namibia has made significant progress through project announcements, the signing of deals and adjusted policies to kickstart a green hydrogen boom both domestically and across the southern African region. Rich … Read More
Eco (Atlantic) Oil & Gas has confirmed that it and Azinam Holdings Limited have now received final approval from the TSX Venture Exchange for Eco’s acquisition (through a wholly-owned subsidiary) of Azinam … Read More
Eco (Atlantic) Oil & Gas has announced the publication of an updated NI 51-101 compliant Competent Person’s Report on its assets Offshore Namibia and Offshore South Africa. The CPR was … Read More
Eco (Atlantic) Oil & Gas Ltd. has confirmed that it and Azinam Group Holdings (Azinam) have completed all conditions required to be completed in order to close Eco’s acquisition of … Read More
NAMCOR Exploration and Production (NAMCOR E&P), a subsidiary of the National Petroleum Corporation of Namibia (NAMCOR) has signed a Cooperation Agreement with QatarEnergy. The agreement provides the framework for cooperation … Read More
Highlights Record full-year net income of $190.7 million or $0.40 per share. Cash balance at December 31, 2021 of $58.9 million. Our corporate facility has been fully repaid and $100m of the facility remains available for general corporate purposes … Read More
