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 […]

Cloudbreak Discovery PLC has announced that it has entered into a Mineral Application Cooperation Agreement (MACA) with Gondwana Petroleum Namibia Pty Ltd, Timeworn Investments Pty Ltd, Pioneer Oil and Gas Consulting CC and a Swiss Based Asset Manager (SBAM). The purpose of the MACA is to jointly work towards submission of an application to acquire […]

Reconnaissance Energy Africa  hasprovided an exploration update for the Kavango Basin in NE Namibia and NW Botswana, highlighting multiple drilling prospects and new play types following the integrated analysis of the two stratigraphic test wells and first phase of 2D seismic. The initial exploration and development is being conducted in the first of five sub-basins within […]

Africa Oil and TotalEnergies {operator}have announced major light oil discovery in Block 2913B, offshore Namibia. Africa Oil has an indirect interest in this block through a 30.9% shareholding in its investee company Impact Oil & Gas Limited with a 20% working interest in the block. “TotalEnergies has made a significant discovery of light oil with associated gas […]

Global Petroleum has acknowledged the announcement made recently by National Petroleum Corporation of Namibia (NAMCOR), Shell Namibia Upstream B.V. and Qatar Energy. The NAMCOR Announcement states that the Graff-1 deep-water exploration well in the Orange Basin offshore Namibia has made a discovery of light oil in both primary and secondary targets (Graff-1 discovery), and that […]