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
-
Ethiopian Airlines Expands Cargo Fleet to Capture Rising Air Freight Demand
09:21
-
Namibia Secures $24 Million Loan to Expand Digital Connectivity
08:16
-
Western Union, MoneyGram Face New Compliance Deadline in Nigeria
08:13
-
African Airports Trail Global Leaders in Skytrax 2026 Ranking
07:30
-
Nigerian Entrepreneur Lloyd Adiele Drives Cross-Border Payments Innovation
15:47
-
Saad Jittou Builds Integrated Transport Solution with Weego
15:36
-
Burkina Faso Advances AI Strategy with Focus on Local Languages
15:34
-
Ethiopia Unveils Smart Police Station to Digitize Public Services
15:31
-
Togo, Turkey sign education agreement to support training and mobility
13:36
-
Lomé to host Francophone parliamentary conference in April
13:24
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
MTN Mobile Money Zambia partnered with Indo Zambia Bank to enable payments via bank POS terminals....
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Airline to lease two converted Boeing 777 freighters for delivery in 2028 Move aligns with strong global growth in air cargo demand Carrier...
Telecom Namibia secured $23.9 million in financing to expand broadband and mobile infrastructure. Around 35% of Namibia’s population...
Asian and European hubs dominate the 2026 Skytrax ranking, with Singapore Changi leading globally. Only two African airports—Cape Town (74th) and...
Gold Fields will transfer the Damang mine to the Ghanaian state on April 18 after a one-year transition period. A feasibility study confirms the...
AI forces newsrooms to balance automation with credibility and trust Agentic AI boosts efficiency but risks scaling disinformation...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...