Oil & Gas

Pancontinental Energy NL has mapped an estimated 6.1 billion barrels of oil (High Case, net to the company) across its PEL 87 licence in Namibia’s Orange Basin, following the identification...

Portuguese energy company Galp Energia has confirmed that negotiations are advancing with a shortlist of preferred bidders for a collaboration in its Mopane oil discovery offshore Namibia, with an agreement...

Pancontinental Energy NL has identified two new oil prospects, Phoebe West and Northern Channel, within its PEL 87 licence in Namibia’s Orange Basin. The discoveries follow detailed quantitative interpretation and...

Tower Resources plc (AIM: TRP), the Africa-focused oil and gas company, has raised approximately £550,000, equivalent to about N$12.5 million, to fund ongoing exploration work in Namibia’s offshore Walvis Basin,...

Oregen Energy intends to prepare Block 2712A (Petroleum Exploration Licence 107) in the Orange Basin for a farm-out to a strategic major oil company once technical de-risking is complete. The...

ReconAfrica says with all equipment on the Kavango-1X well site, drilling is expected to reach a total depth (TD) approximately 3,800 metres in the second half of November, after drilling...

Monitor Exploration has secured funding from Somerschield Investments for ongoing basin and prospectivity studies aimed at finalising the location for its first exploration well, scheduled for 2026 within Petroleum Exploration...

Rhino Resources has discovered natural gas and light liquid hydrocarbons at its Volans-1X exploration well on Block 2914A in Namibia’s Orange Basin. The company confirmed that the well, drilled to...

Reconnaissance Africa has earmarked US$2.8 million (N$47.6 million), which could rise to US$4.1 million (N$69.7 million, for its operations in Namibia’s Kavango Basin. The Canadian junior oil and gas company,...

Reconnaissance Energy Africa has drilled the Kavango West 1X well in Namibia to a depth of 2,300 metres on its way to a planned total depth of 3,800 metres, while...