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
-
Blocked Airline Funds Remain Concentrated in Africa Despite Global Easing
12:29
-
Ethiopia and Germany adopt 2025–2027 Cooperation Framework, Germany pledges EUR 206 million
12:20
-
Guinea, Italy Launch $5.8M Agriculture Project with Focus on Cocoa and Coffee
12:13
-
Guinea Finalizes State Acquisition of Telecom Operator Areeba
12:03
-
Starlink Steps Closer to Cameroon Launch as ART Submits Draft Agreement to Supervisory Authority
11:49
-
Cameroon’s Digital Economy Grows as Telecom Sector Posts One Trillion F in 2024
11:39
-
State Releases 2023 EITI Report Post Suspension, Recording 1 035.85 billion F Revenues
11:20
-
Cameroon-China Trade Pact Opens Door to Tariff‑Free Push for Cameroon Exports
11:05
-
Villgro Africa Opens Applications for Eye Health Accelerator in Kenya
10:40
-
Tanzanian Fintech NALA Gets Ghana Approval to Launch Money Transfers
10:32
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...
Africa leads global airline revenue blockages, IATA says Algeria tops list as Africa, Middle East hold 93% Currency controls, instability...
EUR 106 million allocated for project- and program-based technical and financial cooperation. EUR 100 million in direct budget support aligned with...
Guinea launches €5 million agriculture project with Italy Programme targets vegetable farming, women and youth inclusion Initiative aligns with...
Guinea state takes full ownership of telecom operator Areeba Decrees grant public control after MTN share buyout Takeover raises questions over...
Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...