Oil & Gas

An independent qualified reserves evaluator says ReconAfrica's gross unrisked prospective oil in place in identified prospects at its Kavango asset is 15.4 billion barrels. The Netherlands, Sewell & Associates, Inc.,...

President Nangolo Mbumba said Namibia expects firmer estimates of recoverable oil and gas reserves this financial year. Mbumba, who delivered his first State of the Nation address Thursday, said Namibia...

Chevron, RMB, and Shell are the Saphire sponsors for the 6th Namibia International Energy Conference, which will be held from 23 to 25 April 2024. The conference, which takes place...

Africa Oil Corp., which has an indirect interest in Blocks 2912 and 2913B in the Orange Basin, says the joint venture partners could drill high-impact exploration wells in 2024 or...

Eco Atlantic Oil and Gas, which owns four offshore PELs in the Walvis Basin in Namibia, is assessing farm-out opportunities for its acreage in Namibia and will update the market...

ReconAfrica has filed a short-form shelf prospectus covering 25 months to raise N$1.7 billion (C$120 million) to fund the exploration and evaluation activities of the company in the Kavango Basin....

ReconAfrica has completed all surveying and demining activities on the Damara Fold Belt Prospect L on its PEL 73 in the Kavango region of Namibia. In an operation update Friday,...

Namibia has approved the transfer of the PEL 93 in blocks 1717 and 1817 of the Owambo onshore basin from Monitor Exploration Oil and Gas to 88 Energy Limited. Monitor...

Galp Energia should have a very good view of the volumes of the Mopane reservoirs by late March 2024. Galp started drilling the Mopane-1X on November 17, 2023, and announced...

Oil and gas explorer 88 Energy and its partners will start a 2D seismic program on PEL 93 in the Owambo basin in mid-2024, following planning, public consultation, environmental compliance...