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
-
Cameroon’s microfinance sector counts 385 licensed lenders, with CFA659bn in loans
19:12
-
U.S. tariffs hit Cameroon exports, revenues fall to CFA38bn
19:08
-
Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
18:55
-
Cameroon roads budget faces CFA84bn gap as works spill into 2026
18:49
-
Togo drafts organic certification rules to support local producers
18:27
-
PAFF 2026 Positions Pan-African Cinema as Soft Power and Economic Tool
17:56
-
Ethiopia Secures $130 Million EIB Loan for Rural Development Project
17:47
-
Tunisian Entrepreneur Ridha Mami Targets Sales Productivity With AI
16:47
-
Rwanda Expands Zipline Partnership to Build National Drone Network
16:45
-
Mohamed Hassan Hijazi Builds All-in-One Platform for Beauty Industry
16:43
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...
Royal Air Maroc signed a deal with DAE to lease 13 Boeing 737-8 aircraft. Deliveries are schedule...
Visit scheduled from February 4 to 6, 2026, at the invitation of President Hakainde Hichilema Tal...
Togo develops local organic certification framework for producers Standards aim to ease access to organic labels and markets Framework...
Ethiopia and the European Investment Bank signed a €110 million ($130 million) loan agreement for rural development financing. The project...
TotalEnergies will operate the offshore PEL104 exploration license in Namibia with a 42.5% stake. The license sits in the Lüderitz Basin and covers...
African airlines increased air cargo volumes by 6.0% in 2025, beating global growth. December traffic rose 10.1%, the fastest increase among all...
The Pan African Film & Arts Festival (PAFF) will run from February 7 to 22, 2026, in Los Angeles, positioning itself as a major soft power platform for...
More than 100 Senegalese artists publicly urged President Bassirou Diomaye Faye to impose sanctions on Israel over the Gaza conflict. The artists...