ReconAfrica Raises Funds to Advance Multi-Zone Production Testing, Appraisal Drilling in Namibia & Advance Activities at Ngulu Block

ReconAfrica is now funded in its plans to expedite activity across its portfolio following the completion its previously announced underwritten, listed issuer financing exemption offering. The offering which raised aggregate … Read More

Panoro Energy Provides Operations Update for Equatorial Guinea, Gabon & Tunisia

Equatorial Guinea Gabon Tunisia – TPS Assets Julien Balkany, Executive Chairman of Panoro, commented: “Our average net production was 10,263 bopd for the full year, and is a new record high for … Read More

EUATORIAL GUINEA: Pre-Funding Now Open: Offshore Regional 2D Reprocessing Project

Geoex MCG, in partnership with the Ministry of Hydrocarbons and Mining Development (MHMD), Perceptum, and DUG, have launched a major reprocessing initiative to revitalise legacy offshore Equatorial Guinea regional 2D seismic dataset. … Read More

NAMIBIA: Sintana Energy Provides Indirect Interest in PEL 37 in the Walvis Basin

Sintana Energy has announce that it has entered into a Letter of Intent providing for a period of exclusivity in relation to an investment providing for an indirect interest in … Read More

Côte d’Ivoire: Murphy Oil Disappointed at the Civette-1X well

Murphy Oil Corporation has announced results from the Civette exploration well in Block CI-502 offshore Côte d’Ivoire. The Civette-1X well reached a total depth of 13,950 feet (4,252 meters) and encountered … Read More

SAO TOME & PRRINCPLE: Falcao-1X probe Fails to Find Commercial Hydrocarbons

São Tomé and Príncipe’s offshore hydrocarbon ambitions have faced a setback following an announcement by Shell confirming that the Falcão-1X exploration well did not encounter commercially viable hydrocarbons. The well, … Read More

TANZANIA: Helium One Global Provides Southern Rukwa Helium Project Update

Helium One Global, the primary helium explorer in Tanzania has provided an update on the Company’s southern Rukwa Helium Project. Commencement of Electrical Submersible Pump (ESP) Testing at ITW-1 Following the completion … Read More

LIBERIA: Totalenergies Partners with Bluenergies In Its Offshore Harper Basin Fan Play

BluEnergies has successfully entered into an industry standard joint study and application agreement (JSAA) with the Liberian upstream subsidiary of TotalEnergies SE (TTE) in order to further explore the prospectivity … Read More

NIGERIA: TotalEnergies Sign SPA with Vaaris to Divest its Oil Interest in Renaissance JV

TotalEnergies has announced that its subsidiary TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement (SPA) with Vaaris for the sale of its 10% non-operated interest in the Renaissance … Read More