Reconnaissance Energy Africa Ltd. is pleased to announce it has been granted a petroleum license in northwestern Botswana for 2.45 million acres (9,921 km2) and has entered into a farm-out option agreement on these lands. The Botswana lands are contiguous to the Company’s 6.3 million acre petroleum license in northeast Namibia. As a result of […]
Shell is considering among three prospects for a deep-water wildcat off Namibia, which is set to spud late next year at the earliest. The multi National Company will soon turn its focus to the rig market as it assesses available and suitable tonnage for the exploration well, which will be on its operated PEL 39 […]
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