Caught between investors and critics, ReconAfrica fights on
Reconnaissance Energy Africa has seen its share price fall since providing further information on its drilling results.
Namibia
Shell charters Valaris rig for Namibia, Sao Tome exploration
Valaris has agreed to provide its Valaris DS-10 rig for Shell’s upcoming exploration in Namibia and Sao Tome & Principe.
ReconAfrica extends Kavango holding with Botswana closing
Reconnaissance Energy Africa has completed its acquisition of Renaissance Oil Corp., through an all-share deal.
Wildcat sets out Angola, Namibia focus
London-listed Wildcat Petroleum has set out plans to focus on Angola initially, with a secondary exploration drive in Namibia.
Shortseller says ReconAfrica triggers “every single red flag”
A dispute over the wisdom of drilling in northern Namibia has escalated, with Reconnaissance Energy Africa and Viceroy Research trading barbed statements.
ReconAfrica cries defamation at stock pumping claims
Reconnaissance Energy Africa has come out swinging at stock pumping article from Canada’s The Globe & Mail.
ReconAfrica signs JOA with Namcor on Kavango exploration
Reconnaissance Energy Africa has signed a joint operating agreement (JOA) with Namcor.
ReconAfrica scores with second Namibia well
Canada’s Reconnaissance Energy Africa has found further evidence of a working petroleum system in the Kavango Basin, in the first section of its second well.
ReconAfrica warns against short sellers
Reconnaissance Energy Africa continues to come under fire from various sources, including short sellers, but it has received public affirmation for its plans from local government in Namibia.
Seadrill wins Angola work for Quenguela
Seadrill has won a 12-well contract in Angola via its local joint venture with Sonangol EP.
ReconAfrica spuds second Namibian well
Reconnaissance Energy Africa has spudded the second well in the Kavango Basin, in northeast Namibia.
Namibian president hails ReconAfrica find
Namibian President Hage Geingob has acknowledged Reconnaissance Energy Africa’s find in the Kavango Basin.
ReconAfrica makes onshore Namibia find
Reconnaissance Energy Africa has found oil and gas indicators and shows over three intervals at its first well onshore Namibia.
Shell brings in QP to Orange Basin
Qatar Petroleum (QP) has struck a deal to work with Shell at two blocks offshore Namibia.
Total notes African delays, drilling plans
Total expects to start up its Ikike field, offshore Nigeria, by the end of 2021 and will drill a number of exploration wells across its African portfolio.
Shell refills African exploration hopper as volumes ebb
Shell’s Nigerian production fell to 223,000 barrels of oil equivalent per day in 2020, with the company blaming security issues, sabotage and theft.
Botswana stresses environment in talks on ReconAfrica
Botswana has stressed the importance of permitting and environmental regulations in comments around Reconnaissance Africa’s plans – and a prohibition on hydraulic fracturing.
Kosmos plans spending boost in 2021
Kosmos Energy expects its capital expenditure to reach $575-625 million this year, driven largely by its work with BP offshore Mauritania and Senegal.
Okavango goes international with ReconAfrica under fire
Opposition to Reconnaissance Energy Africa’s work in northern Namibia is growing, with a petition handed in to the Namibian consul general in South Africa and Leonardo diCaprio tweeting against the drilling plans.
ANPG defends controversial onshore exploration plans
Angola's Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) has defended its work to assess hydrocarbon potential onshore.
Solar PV better option than oil, Eco Atlantic says
Namibia and Guyana-focused explorer Eco Atlantic has announced a move into renewables, in southern Europe.
New life for Namibia’s long-dormant Kudu
BW Energy has signed a deal to increase its stake in the Kudu licence, offshore Namibia, potentially reviving the long-dormant project.
ReconAfrica spuds first Namibia well
Reconnaissance Energy Africa has begun drilling its first well in Namibia’s Kavango Basin.
ReconAfrica acknowledges Tsodilo Hills loss
Reconnaissance Energy Africa has confirmed that its Botswana licence no longer includes the Tsodilo Hills.
Tensions mount around ReconAfrica’s Namibia work
Unesco’s World Heritage Centre has said it is “vigilant” over plans for exploration in Namibia and Botswana.