NAMIBIA: Trago Energy, Sintana, Completes Transaction in Respect to Its Interests in PEL 90

Sintana Energy has announced that Trago Energy a Namibian affiliate of the Company, has completed a transaction with Chevron Namibia Exploration Limited, a wholly-owned subsidiary of Chevron, in respect of … Read More

SOUTH AFRICA: Eco Atlantic announces Commencement of Operations on the Gazania-1 well

Eco Atlantic has announced the arrival of the Island Innovator Semi-Submersible Drilling Rig on Block 2B and the commencement of operations of the Gazania-1 Exploration Well.  Eco holds a 50% … Read More

SOUTH AFRICA: Eco Atlantic Acquires Additional Interest in Block 3B/4B

Eco (Atlantic) Oil & Gas has signed a farm-out agreement pursuant to which its wholly-owned subsidiary, Azinam Limited, will acquire an additional 6.25% Participating Interest in Block 3B/4B, offshore South Africa … Read More

NAMIBIA: Sintana Energy Awarded Licence Extension for PEL 83

Sintana Energy  has announced that the Ministry of Mines and Energy in Namibia has approved an extension to the First Renewal Exploration Period for Petroleum Exploration License 83 (PEL 83). … Read More

SOUTH AFRICA: Eco Atlantic Deposits $20M as Capex for the Gazania-1 well on Block 2B

Africa Energy Corp. has reported that Eco (Atlantic) Oil & Gas Ltd. has deposited approximately US$20 million in escrow to support its capital expenditure requirements for the Gazania-1 well on Block 2B offshore South … Read More

NAMIBIA: TotalEnergies Makes a Significant Discovery at the Venus Prospect

TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia. The Venus 1-X … Read More

NAMIBIA: Shell Strikes Oil at Graff-1 Deepwater Wildcat

The National Petroleum Corporation of Namibia (NAMCOR), the Namibian state-owned oil company, and its partners, Shell Namibia Upstream B.V and Qatar Energy, are pleased to announce that the Graff-1 deep-water … Read More

Namibia/South Africa: Eco Atlantic Acquires Azinam’s Asset Base

Highlights  ·    Acquisition of a material offshore petroleum exploration asset base in Namibia and South Africa ·    Consideration in the form of new common shares to Azinam Holdings Limited who will own 16.65% of the … Read More