Since the announcement by the Company on 8 July 2022 of the proposed transactions with Midwestern Oil & Gas and the Company’s further conditional investments in Energy Link Infrastructure (Malta) Limited the Company has had continuing discussions in relation to securing an alternative US$50 million loan facility to be applied towards the Proposed Transactions and […]

Invictus Energy today provides an update on the activities of its 80% owned and operated Cabora Bassa Project in Zimbabwe. Comments from Managing Director Scott Macmillan: “The commencement of line clearing activities for the CB23 seismic campaign marks the start of operations for our Phase 2 exploration program in the Cabora Bassa Basin. “This additional data […]

The Alvheim field is one of the most successful developments on the Norwegian continental shelf. When PDO was submitted to the Government in 2004, the reserves estimate was 171 million barrels of oil equivalents. Production from the Alvheim field exceeded this volume in early 2014. Today, the amount produced from the Alvheim area in total […]

Arrow Exploration today provides an update on the Carrizales Norte-1 well (CN‑1), an exploration well on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50 per cent beneficial interest. CN-1 The Company has commenced completion operations at CN-1 and Management expects to proceed with putting the C7A and C7 zones […]

Savannah Energy a 80% indirectly owned subsidiary company Accugas, a company that focuses on the marketing, processing, distribution and sale of gas to the domestic Nigerian market has sealed a new Natural Gas Sales and Purchase Agreement (NGSPA) with Amalgamated Oil Company Nigeria (AMOCON) for gas produced in the OML 156 sole risk petroleum lease […]

The PGS Deepwater Niger Delta Depth 2023 project provides unparalleled imaging of complex structure and delivers over 5 000 sq. km of reprocessed PSDM MultiClient 3D data. This depth reprocessing focuses on the northwestern Nigerian offshore, rejuvenating two datasets: the Nigeria MegaSurveyPlus and OPL 314/315/321/323 MC3D. The 2023 Pre-Stack Depth Migration PSDM provides coverage over […]

In connection with the sale by TotalEnergies to Suncor Energy Inc. of the entirety of the shares of TotalEnergies EP Canada Ltd announced on April 27, 2023, ConocoPhillips has notified on May 26, 2023 TotalEnergies that it is exercising its preemption right to purchase the 50% interest in the Surmont asset held by TotalEnergies EP […]

  Reconnaissance Energy Africa (ReconAfrica) has concluded on  the acquisition of Enhanced Full Tensor Gravity (eFTG) surveys and 2D seismic acquisition recently conducted in Namibia. Initial results from the first phase show a high quality eFTG sub-surface image, with the rift bounding faults and other structural features delineated. In addition, the intra-rift highs and rift […]

The global expert in onshore seismic acquisition technology and solutions, STRYDE, has been awarded a contract worth over $1 million for the supply of 10,000 seismic receiver nodes and its “Nimble” node receiver system in Nigeria. STRYDE’s seismic sensor technology will be utilised on an upcoming 3D seismic survey conducted by Nigerian geoscience solutions provider, […]

Neptune Energy has disclo the award of a +$100 million contract to Tenaris to provide equipment and services to support drilling activities on the Norwegian Continental Shelf. The contract covers the manufacture, transport, handling and repair of a broad range of casing materials used in offshore drilling activities. Initially this will include support for one […]