Middle East / Africa
Country summary: Namibia
Current deals: | 10 |
Licensing articles: | 32 |
Completed deals: | 61 |
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Namibia - recent news
24 Jul 24 |
Namibia: 88 Energy completes 2D seismic acquisition program for PEL 93, Owambo Basin, Namibia 88 Energy has announced that the 2D seismic data acquisition program for PEL 93 over the Owambo Basin, Namibia, has been completed on time and within budget. |
17 Jul 24 |
Namibia: BW Energy to acquire shares in ReconAfrica and 20% interest in onshore exploration license PEL 73 in Namibia BW Energy has signed a Letter Agreement with ReconAfrica to acquire shares and warrants in ReconAfrica’s announced equity raise for a total consideration of USD 16 million in return for a 20% non-operating interest in the onshore Petroleum Exploration License 73. |
08 Jul 24 |
Namibia: ReconAfrica announces the spud of the Naingopo exploration well onshore Namibia Reconnaissance Energy Africa (ReconAfrica) and its joint venture partner NAMCOR (the state oil company of Namibia), have announced the spudding of the Naingopo exploration well on Petroleum Exploration Licence 73, onshore northeast Namibia. The Company continues to progress the farm out joint venture process which it expects to conclude soon. |
08 Jul 24 |
Namibia: 88 Energy announces commencement of 2D seismic acquisition for PEL 93, Owambo Basin, Namibia 88 Energy has announced the commencement of the 2D seismic data acquisition program for PEL 93. The program has been designed to acquire approx. 200-line km of 2D seismic data. PEL 93 covers 18,500 sq km of underexplored sub-surface within the Owambo Basin in Namibia. 88 Energy has earned an initial 20% working interest in PEL 93 by funding the seismic program. |
27 Jun 24 |
Namibia: ReconAfrica announces an operations and joint venture update Reconnaissance Energy Africa has announced an operations update with respect to activity relating to Petroleum Exploration Licence 73, onshore northeast Namibia, and a joint venture update. The high impact Naingopo exploration well is expected to spud July 7 2024 and will be followed by the drilling of Prospect P. |
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