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Acquisitions and Divestitures News in Botswana

Renaissance Enters Binding Agreement to Acquire Option for 50% Interest in Botswana
6/16/2020 - Renaissance Oil Corp. has entered into a binding letter agreement to acquire an option for a 50% working interest, in all rights from surface to basement, in a large Petroleum Licence, comprising 2.45...
ReconAfrica Granted New Petroleum Licence in Botswana
6/11/2020 - Reconnaissance Energy Africa Ltd. (ReconAfrica) has been granted a petroleum licence in northwestern Botswana for 2.45 million acres (9,921 km2) (the "Licence") and has entered into a farm-out option ...
Strata-X Farms out the Serowe CSG Project
3/5/2020 - Strata-X Energy has executed a Heads of Agreement with Botsgas, a private Australia based company with strong ties to the Republic of Botswana, to accelerate the appraisal and development of the Compa...
New Prospecting Licence Area
4/1/2019 - Tlou Energy Limited, the ASX, AIM and BSE listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane ("CBM") is pleased to confirm that a ne...
Strata-X Triples Botswana Acreage Position
3/20/2018 - The directors and management of Strata-X Energy Ltd. are pleased to announce that the Company has acquired two new Prospecting Licenses for its Serowe CSG Project covering 406,735 acres. The new licen...
Botswana CSG Project Tenements Reissued
2/4/2018 - The directors and management of Strata-X Energy Ltd. are pleased to announce that the Companyís Prospecting Licenses held in the Republic of Botswana, covering the Serowe CSG Project, have been re-iss...
Strata-X Pre-empts Farm-in - Gains 100% Interest in Serowe Coal Seam Gas Project
1/3/2018 - Strata-X has pre-empted a third party offer to buy out Magnum Power and Gasís ('MPE') 25% interest in the 273,000 acre, 1.4Tcf Prospective Resource, Serowe Coal Seam Gas Project ('Serowe CSG'). Strata...
Strata-X to Farm-in to 273,000 Acre Botswana CSG Project
11/14/2016 - ASX disclosure note - 5.28.2 - The estimated quantities of petroleum that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations. These...
Botswana Identifies Buyer for Ailing Chinese-Built Power Plant
11/12/2016 - Botswana will not sell back its troubled 600 megawatt power plant to the Chinese company that built it, as had been widely expected, and will instead offload it to a different Beijing-controlled firm,...
Botswana to Sell Struggling Chinese-Built Power Plant
11/5/2016 - Botswana will sell a 600 megawatt Chinese-built power plant after persistent technical problems since it was commissioned in 2012, the country's state electricity firm said on Saturday. Botswana's Mor...
Approval of 3 Petroleum Prospecting Licences in Botswana
5/9/2013 - SacOil Holdings Limited, the African independent upstream oil and gas company, is pleased to announce that its Botswana subsidiary, Transfer Holdings (Proprietary) Limited, has been advised by the Bot...

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