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Country summary: Namibia

energy-pedia opportunities - Namibia:
Current deals: 8
Licensing articles: 32
Completed deals: 63

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Namibia - recent news

06 Jun 25
Namibia: ReconAfrica announces C$10 million overnight marketed offering to drill Prospect I in Namibia
ReconAfrica has entered into an agreement with Research Capital Corp for an overnight marketed public offering of units of the Company to raise gross proceeds to the Company of C$10,000,000 (which has subsequently been increased to C$16.5 million). Proceeds will be used to fund the drilling of Prospect I in PEL 73 in Namibia, which has been named the Kavango West 1X well.
20 May 25
Namibia: GEO Exploration reports significant resource upgrade to 4.31 billion barrels (Mean) in PEL 94 Licence, offshore Namibia
AIM-listed GEO Exploration has announced the results of an independent geoscience evaluation of Licence PEL 94 (Block 2011A), offshore Namibia. The Company reports a 23 % uplift in unrisked licence-wide prospective resources to c. 4.31 billion barrels (mean).
19 May 25
Namibia: Rhino Resources and Halliburton deliver the first two exploration wells on Block 2914 offshore Namibia
Rhino Resources and Halliburton announced the delivery of two exploration wells on Block 2914 within Petroleum Exploration License (PEL) 85 offshore Namibia. Halliburton's collaborative approach and integrated services were instrumental in Rhino's success as the block's operator.
30 Apr 25
Namibia: Pancontinental initiates farmout process to secure a JV partner to fund exploration drilling within PEL 87, offshore Namibia
Pancontinental has initiated a farmout process to secure a joint venture partner to fund exploration drilling within PEL 87, offshore Namibia, at the earliest opportunity. The licence contains The Saturn Complex, comprising two main prospects and six additional leads.
28 Apr 25
Namibia: Africa Oil announces Namibia operational update
Africa Oil representatives on the Impact Oil & Gas Board have received an update on the Marula-1X drilling operation on Block 2913B (PEL 56), offshore Namibia.

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