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

SOUTH AFRICA: Total Begins Drilling of Luiperd-1X Offshore Well in Block 11B/12B

Block 11B/12B JV partner Africa Energy has announced spud of the Luiperd-1X well, the second exploration well on Block 11B/12B offshore South Africa following the Brulpadda discovery in February 2019. Jan Maier, Africa Energy’s VP … Read More

SOUTH AFRICA: Africa Energy Increases Stake in Block 11B/12B

Africa Energy  has announced the signing of definitive agreements to increase its effective interest in Block 11B/12B offshore South Africa from 4.9% to 10%. “Block 11B/12B offshore South Africa contains one of the most exciting oil … Read More

Deepsea Stavanger starts mobilization to South Africa

Odfjell drilling has reported that from 19 May 2020, the Deepsea Stavanger  started its mobilization to South Africa for the Luiperd prospect under the Total contract in  offshore Block 11B/12B … Read More

16th Africa Independents Forum Set For London in May

As one of the foremost events on the international Oil and Gas calendar, the 16th Africa Independents Forum, which will take place on 24th and 25th May in London, brings … Read More

Exit from Somalia, Ethiopia Blocks cost Africa Oil over $100 million in 2014/15

Africa Oil which earlier said it has elected to not continue exploration activities in the Dharoor and Nugaal exploration blocks in Puntand, Somalia and Adigala Block in Ethiopia reveals this … Read More

Africa Oil exploration expenditures in Kenya drop to $146.2 million in 2015

Canadian exploration company Africa Oil says it incurred $146.2 million of intangible exploration expenditures in Kenya for the six months ended June 30, 2015 a drop from $169.5 million in … Read More