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, […]
Namibia On 25 April 2022 the Company announced that that the Namibian authorities had granted a one year extension to the Initial Exploration Period of PEL 94 until September 2023, also making the observation that the Venus and Graff discoveries heralded a major new petroleum province in Namibia. Global now notes the confirmation by TotalEnergies […]
Reconnaissance Energy Africa Ltd and its joint venture partner NAMCOR (the state oil company of Namibia) have announced completion of the second phase of seismic (761 km) and commencement of the first seismically defined, initial four well drilling program with the first well 1819/8-2 (“8-2”) scheduled to spud on or before June 25, 2022. Seismic Operations The joint […]
Pancontinental Energy has announced that its wholly owned subsidiary Pancontinental Orange Pty Ltd has received a fully signed document extending the current Initial Exploration Period of offshore Namibian Petroleum Exploration Licence 87 (PEL 87) by one year, until 23 January 2023. Following the Initial Exploration Period, there are provisions in the PEL 87 Petroleum Agreement […]
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