NAMIBIA: TotalEnergies Increases its Interests in Offshore Blocks 2913B & 2912

TotalEnergies has signed an agreement to acquire from Impact Oil and Gas Namibia (Pty) Ltd an additional 10.5% participating interest in block 2913B and an additional 9.39% participating interest in … Read More

NAMIBIA: Africa Oil Adds Stake in Impact Oil & Gas Limited with USD 95.0 million Placement

Africa Oil has announced that it has participated in a USD 95.0 million Open Offer by Impact Oil & Gas Limited, the privately–owned, African–focused exploration company. The capital raised shall be used … Read More

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

SOUTH AFRICA: Africa Oil Announces New CPR for Prospective Resources in Block 3B/4B, Orange Basin

Highlights Africa Oil Chief Executive Officer, Keith Hill, commented on the statement of reserves: “Africa Oil is at the forefront of the exciting appraisal and exploration activities in the Orange Basin, … Read More