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
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...
$287 million hospital project shows accelerated construction progress Authorities reaffirm 2027 commissioning timeline following site...
Mozambique starts solar plant project to power 1,200 households $12 million project backed by South Korea, built in Tete Initiative aims to...
Cotton prices hit 12-month high, rising 8.7% since December Gains driven by tighter supply, lower U.S. acreage forecasts Rising fertilizer...
Senegal broad unemployment rises to 23.3% in Q4 2025 Rate highlights underemployment beyond 5.4% ILO measure Youth, women, rural areas...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...