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
-
Senegal, Azerbaijan sign digital cooperation deal on e-government
15:21
-
US strikes in Nigeria expose split between security goals and religious narrative
14:24
-
African Union to fund three think tank consortia through ATTP platform
13:56
-
Nigeria: U.S. Military Intervention in Sokoto, a New Test for the Country’s Financial Credibility
13:30
-
Swiss‑Belgian Company Pumps 1.3 billion Francs into WWF Cocoa Project Targeting Jobs and Forest Protection
13:12
-
Cameroon Backs AfCFTA Corridor Project as IOM Secures AfDB Funding
12:15
-
Cameroon positions 650,000 hectares for deforestation-free cocoa under EU rules
13:48
-
Mohamed Simporé named BICEC CEO, Outman Roqdi reassigned within BCP
13:27
Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...
In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Dakar and Baku sign two agreements on digital transformation Cooperation targets cybersecurity, skills, startups, and e-government Partnership...
Trump says US forces hit Islamic State fighters in Sokoto state Abuja confirms strikes but rejects claims of a religiously driven...
AU selects three African think tank consortia under its ATTP funding scheme Each consortium could receive about $10 million over two and a...
NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance license. Backed by $40M in Series A...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...