FAR Limited has announced the completion of the sale of its entire interest in the Senegal RSSD joint venture to Woodside Energy (Senegal) BV. In line with guidance given at the FAR Annual General Meeting, and as a result of completion, FAR has received US$126 million from Woodside. Additional payments to FAR, up to US$55 […]

Panoro Energy ASA an independent exploration and production company based in London and listed on the main board of the Oslo Stock Exchange with the ticker PEN. Panoro holds production, exploration and development assets in Africa, namely a producing interest in Block-G, offshore Equatorial Guinea, the Dussafu License offshore southern Gabon, OML 113 offshore western […]

FAR Limited has announced the resignation of Non-Executive Chairman Nicholas Limb and Nonexecutive Director Reginald Nelson, effective immediately. Mr Limb and Mr Nelson have advised that with finalisation of the Senegal asset sale expected imminently, it is the appropriate time for Board renewal. Mr Limb has been a Director since 2011 and Mr Nelson since […]

Africa Oil Corp. has announced that it has received its seventh dividend from Prime Oil and Gas Cooperatief UA. The Company is also pleased to update the markets on a significant increase in the Egina oil field production.  Prime has distributed a $75.0 million dividend with a net payment to Africa Oil of $37.5 million related to its 50% […]

Karpowership SA (KPSA), a South African company that is 49% Black owned, welcomes the  announcement made by the Department of Mineral Resources and Energy (DMRE) appointing KPSA  as a Preferred Bidder for projects in the Ports of Coega, Saldanha and Richards Bay, to provide power  to South Africa’s national electricity grid under the Risk Mitigation […]

 Invictus Energy Limited (“Invictus” or “the Company”), is pleased to provide an update on the activities of its 80% owned and operated Cabora Bassa Project in Zimbabwe. Seismic Campaign Update Following the award of the seismic acquisition contract to Polaris Natural Resources Inc. (“Polaris”) as announced on 21 April 2021 on the ASX platform, the […]

Midwestern Oil & Gas Limited has recently revealed that the reverse take-over (RTO) offer to San Leon Energy Plc, an energy company listed in the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). Midwestern currently holds more than 10% of San Leon’s shares and would end up holding a majority of the shares […]

A Commercial High Court in Ghana has ruled that 30 per cent of revenues from Eni Exploration and Production Ghana Limited’s Sankofa field be placed in an interest-bearing account until the final determination of the unitisation case. Eni and Springfield must agree on the account in which the money should be placed, it said, adding […]

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has announced its audited final results for the year ended 31 December 2020.  Corporate ·Completed the return of approximately US$33.8 million to shareholders during the first half of 2020 delivering on the Company’s commitment to shareholder returns. ·The Company entered into […]

(Le Nouveau Gabon) – In an announcement published in the press on June 22, the Chinese Cnooc International announces that it is looking for investors for the drilling of oil wells in Gabon and Senegal. “ Cnooc International invites interested parties with technical, financial and operational capacities to participate in its international public prequalification process for […]