Note that the purple and blue areas indicate basin lows, red and white indicate basin highs Reconnaissance Energy Africa Ltd has indicated a planned acquisition of the firstEnhanced Full Tensor Gravity (“eFTG”) survey conducted in Namibia. Operational Update On June 28, 2022, ReconAfrica engaged a leading airborne geophysical survey provider to conduct an eFTG survey over an […]
Reconnaissance Energy Africa Ltd has announced it has entered into a definitive purchase and sale agreement with its partner, Namcor Exploration and Production (Pty) Ltd. (“NAMCOR”) dated September 21, 2022, to acquire half of NAMCOR’s 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence (PEL 73) in the Kavango basin, NE […]
The French independent power producer (IPP) HDF Energy has announced a green hydrogen project near the city of Swakopmund in Namibia. Its facilities are expected to be operational by 2024. Namibia is increasingly attracting investors in the nascent green hydrogen industry. This is the case of the French company HDF Energy, which is developing a […]
Reconnaissance Energy Africa Ltd. has secured its new business relationship with Alvarez & Marsal and Hannam & Partners. The two companies will work closely with ReconAfrica in managing its evolving data room as well as launching a global reach to potential, high quality, joint venture partners to join the Company’s initial exploration program in the […]
Reconnaissance Energy Africa (“ReconAfrica) and its joint venture partner NAMCOR the state oil company of Namibia has confirmed having successfully reached total depth of the third stratigraphic test well, 1819/8-2 (“8-2”), in the Kavango basin of NE Namibia. The well was drilled to a total depth of 2,056 meters reaching all geological targets, on time […]
Reconnaissance Energy said it has received a three year extension to its Environmental Clearance Certificate (ECC), from the Office of the Environmental Commissioner, Ministry of Environment, Forestry and Tourism of the Republic of Namibia, covering the entire PEL 73 permit, which covers over 6.3 million acres (25,000 km2), in northeast Namibia. The ECC authorizes ReconAfrica, […]
Reconnaissance Energy Africa Ltd. has reported that, following a hearing in connection with a recent application filed by certain third party applicants with the High Court of Namibia challenging the recent amendments to the Company’s Environmental Compliance Certificate that were approved by the Environmental Commissioner of the Namibian Ministry of Environment, Forestry, and Tourism, the […]
Impact Oil & Gas, a privately-owned, Africa-focused, exploration company, has announced an Open Offer to existing shareholders to subscribe for new Ordinary shares in the Company, to raise up to $60 million. The capital raised shall be used towards funding Impact’s participating share (held through its wholly owned subsidiary, Impact Oil and Gas Namibia (PTY) […]
The Traditional Authorities of Kavango East and Kavango West have confirmed their support for the oil-and-gas exploration program in Namibia by Reconnaissance Energy Africa Ltd.. At a meeting last week in Namibia, the leaders of the five key Traditional Authorities of Kavango East and Kavango West expressed confidence that ReconAfrica’s ongoing exploration program, which has to […]
NAMCOR, the state oil company of Namibia and its joint venture partner Reconnaissance Energy Africa a Canadian oil and gas company engaged in the opening of the newly discovered deep Kavango Sedimentary Basin, in the Kalahari Desert of northeastern Namibia and northwestern Botswana have disclosed the spudding of the 1819/8-2 (“8-2”) well on June 25, […]
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