NAMIBIA; Pancontinenta Provides PEL 87 Update

HIGHLIGHTS Pancontinental Energy has provided the following project update regarding the Company’s PEL 87 exploration permit, offshore Namibia. PEL 87 3D Seismic Survey The 6,872 km 2 PEL 87 3D survey is being acquired by Petroleum Geo-Services’ Ramform Titan survey vessel, providing extremely high efficiency data acquisition … Read More

TANZANIA: ARA Petroleum to Delay Spudding of Chikumbi-1 as 3D Seismic Processing & Interpretation Continues

Aminex reports that has been informed by ARA Petroleum Tanzania Limited (APT), theOperator of the Ruvuma PSA, of a further delay to the spudding of the Chikumbi-1 well (CH-1). Aminexis … Read More

MOROCCO: Genel Energy Signs Petroleum Agreement & Association Contract for Lagzira Block

Genel Energy says that a Petroleum Agreement and Association Contract has now been signed with the Office National des Hydrocarbures et des Mines (ONHYM) regarding the Lagzira block (75% working … Read More

TANZANIA: Kinyerezi 1 Expansion Drives Gas Demand despite Record Production

As the extension of the Kinyerezi I Power Station continues to increase power generation capacity from 150 megawatts to 335 megawatts gas providers are already embracing themselves for increased gas … Read More