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ZIMBABWE: Invictus Signs Petroleum Exploration Development & Production Agreement

Following approval from His Excellency President E.D. Mnangagwa, the PEPDA between Invictus’s 80% owned subsidiary, Geo Associates and the Republic of Zimbabwe has been executed. The agreement was signed on … Read More

NAMIBIA: Global Petroleum Provides Updated Prospective Resources Estimate for PEL0094

Global Petroleum Limited has announced its updated estimate of Prospective Resources for PEL0094 (Block 2011A), offshore Namibia, following interpretation of the 2D seismic data which the Company recently licensed. Global … Read More

SOUTH AFRICA: Tower Resources Enters the Second Exploration Period of the Algoa-Gamtoos license

Tower Resources has announced that its subsidiary Rift Petroleum Ltd, together with Operator and 50% partner New Age Energy Algoa (Pty) Ltd, has now formally agreed to enter the Second … Read More

FAR Ltd Secures 24 month ESIA License Renewal For Kenya’s Block L6

Australian explorer FAR has reported that it has secured a 24-month renewal to the existing Environmental and Social Impact Assessment License in effect across the onshore areas of Block L-6 … Read More

Swala Oil & Gas Pushes Kito 1 Well Drilling to 2019

The drilling of the Kito 1 well in Tanzania’s Kilosa Kilombero license will likely happen in 2019 following the signing of a Memorandum of Understanding between Swala Oil and Gas, … Read More

Spectrum To Acquire 2D Multi-Client Seismic Survey Between Mauritius And The Seychelles

The Joint Commission administering the Joint Management Area (JMA), located over the Mascarene Plateau between Mauritius and the Seychelles, have signed an Agreement with Spectrum Geo to acquire a 20,000 … Read More

Africa Oil To Reevaluate Bogal-1 Discovery, Reprocess 2D Seismic In Block 9

Kenya’s Block 9 operator Africa Oil has until June 2018 to undertake engineering and well design for reevaluation and testing of Bogal-1 well over eight years after the well was … Read More

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