Africa's Oil, Gas and Energy News.
88 Energy Limited has provided an update on its interest in Petroleum Exploration Licence 93 (PEL 93), onshore Namibia, following an amendment to the Farm-In Agreement with operator Monitor Exploration … Read More
The Ministry of Mines and Energy of the Republic of Namibia has formally approved a 12-month extension to the First Renewal Exploration Period for PEL 93. Issued under Section 30 … Read More
In November 2023 88 Energy, via its wholly-owned Namibian subsidiary, executed a three-stage farm-in agreement (FOA) for up to a 45% non-operated working interest in the onshore Petroleum Exploration Licence … Read More
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
88 Energy Limited has announced the commencement of the 2D seismic data acquisition program for PEL 93. The program has been designed to acquire approximately 200-line km of 2D seismic … 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
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
88 Energy Limited has announced the successful WI Transfer by Monitor Exploration Limited to 88 Energy in relation to Petroleum Exploration Licence 93 (PEL 93), located in the Owambo Basin, … Read More
