Namibia: ReconAfrica Authorized to Drill 12 New Exploration Wells in Kavango Basin
Tuesday, 18 July 2023 14:38
During its latest media briefing in early June, ReconAfrica revealed the progress of its exploration work in Namibia's Kavango Basin.
On July 12, ReconAfrica provided an update on its petroleum and gas exploration activities in Namibia's Kavango Basin. The Canadian company, already involved in exploration in the region, has been authorized by the Namibian Ministry of Environment, Forestry, and Tourism to drill 12 more exploration wells in Petroleum Exploration License (PEL) 73. The latter is located in the northeastern part of the country.
The company plans to carry out these activities between July 2023 and July 2026. The primary objective of the project is to identify potentially exploitable petroleum and gas deposits. "The management is currently focusing on developing and prioritizing its inventory of prospects to execute a multi-well drilling program targeting the two primary zones: the Damara fold belt and the Karoo rift basin," the company stated.
Abdel-Latif Boureima
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
Cheaper Data Roaming Ahead as EAC Expands One Network Area Plan to Cover Data, e-SIM, and IoT
13:50
-
West Africa to Expand Plastic Recycling With Norfund Support
13:13
-
Kenya Signs $800 Million Deal With Chinese Firm for Tire Factory
13:00
-
In Blow to Power Supply, S. Africa Court Rejects Permit for 3,000 MW Gas Plant
12:45
-
Cameroon Secures Bank Deal to Clear CFA15.7Bln in CDC Wage Arrears
12:29
-
Cameroon to Mandate Tresor Pay for Customs Revenues from Jan 2026
11:58
-
Cameroon Opens Strategic Bamenda-Babadjou Road, Starts Final 12km Section
11:33
-
157 Former Employees Sue Orange Cameroun for CFA3 Bln in Unpaid Bonuses
10:41
-
Togo Highlights Role of Intellectual Property in Driving Growth
19:38
-
Togo Ramps Up Preparations for COP30 in Brazil
18:39
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...
Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...
• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...
Malawi votes in high-stakes presidential election Tuesday Economic crisis, inflation dominate vot...
Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...
• One Network Area to slash roaming costs for mobile data—just $0.005/MB—making cross-border internet access as cheap as home.• New tech like e-SIMs...
• Norfund loans Mohinani Group to expand plastic recycling in Ghana, Nigeria• Funding boosts rPET production capacity to 15,000 tons per site• Builds on...
• Kenya, Shandong Linglong sign $800M tire factory deal• Plant in Mariakani to create 1,500+ jobs, boost industry• Part of Kenya’s push to raise FDI...
• South Africa court voids Eskom’s 3,000 MW gas plant permit• Ruling cites inadequate public consultation, forcing new application• Decision highlights...
Surprisingly, only one African song made it onto Rolling Stone's list of the 500 Greatest Songs of All Time. The track is "Essence," a collaboration...
The Umhlanga Festival, also known as the “Reed Dance,” is one of the most iconic cultural events in the Kingdom of Eswatini in Southern Africa. Every...