SOUTH AFRICA: Offshore Gazania-1 Well Disappoints
Eco Atlantic has announced that the Gazania-1 well on Block 2B, offshore South Africa, which spudded on October 10, 2022, reached target depth of 2,360m but did not show evidence … Read More
Tag: South Africa
NAMCOR Signs MoU with PetroSA
The National Petroleum Corporation (NAMCOR) signed a Memorandum of Understanding with The Petroleum Oil and Gas Corporation of South Africa (PetroSA). The purpose of the MOU is to develop and … Read More
SOUTH AFRICA: Eco Atlantic announces Commencement of Operations on the Gazania-1 well
Eco Atlantic has announced the arrival of the Island Innovator Semi-Submersible Drilling Rig on Block 2B and the commencement of operations of the Gazania-1 Exploration Well. Eco holds a 50% … Read More
SOUTH AFRICA: Panoro Energy Awarded Technical Co-operation Onshore Permit 218
Panoro Energy ASA has been awarded a 100 per cent interest in Technical Co-operation Permit (TCP) 218 located onshore northern Free State province, South Africa. TCP 218 covers a surface … Read More
SOUTH AFRICA: Eco Atlantic Acquires Additional Interest in Block 3B/4B
Eco (Atlantic) Oil & Gas has signed a farm-out agreement pursuant to which its wholly-owned subsidiary, Azinam Limited, will acquire an additional 6.25% Participating Interest in Block 3B/4B, offshore South Africa … Read More
Scatec signs Power Purchase Agreements under South Africa’s RMIPPPP
Scatec ASA has signed the power purchase agreements for the three Kenhardt projects in the Northern Cape Province of South Africa, under the Risk Mitigation Independent Power Producer Procurement Programme … Read More
Panoro Energy Provides 2022 Operations Update
Equatorial Guinea (Panoro: 14.25%) Q1 2022 working interest production averaged approximately 4,968 bopd (gross production 34,866 bopd) Operator Trident Energy is undertaking a workover programme at the Okume Complex and … Read More
SOUTH AFRICA: Eco Atlantic Deposits $20M as Capex for the Gazania-1 well on Block 2B
Africa Energy Corp. has reported that Eco (Atlantic) Oil & Gas Ltd. has deposited approximately US$20 million in escrow to support its capital expenditure requirements for the Gazania-1 well on Block 2B offshore South … Read More
SOUTH AFRICA/NAMIBIA:Eco Atlantic Receives TSXV Approval for the Closing of the Azinam Acquisition
Eco (Atlantic) Oil & Gas has confirmed that it and Azinam Holdings Limited have now received final approval from the TSX Venture Exchange for Eco’s acquisition (through a wholly-owned subsidiary) of Azinam … Read More
Eco Atlantic Provides New Competent Person’s Resource Report on Namibia and South Africa Assets
Eco (Atlantic) Oil & Gas has announced the publication of an updated NI 51-101 compliant Competent Person’s Report on its assets Offshore Namibia and Offshore South Africa. The CPR was … Read More