Acquisitions and Divestitures News in Namibia

20% Working Interest Successfully Transferred to 88 Energy for Stage 1 of Farm in to PEL 93
2/22/2024 - Highlights
• 20% working interest in PEL 93 successfully transferred (WI Transfer) to 88 Energy (or the Company) as part of Stage 1 of a three-stage farm-in agreement (Farm-in Agreement).
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TotalEnergies Increases its Interests in Offshore Blocks 2913B and 2912
1/10/2024 - TotalEnergies has signed an agreement to acquire from Impact Oil and Gas Namibia (Pty) Ltd (“Impact”) an additional 10.5% participating interest in block 2913B and an additional 9.39% participating in...
Farm out & Carry of All JV Costs through to 1st Commercial Production for Blocks 2912 & 2913B
1/10/2024 - Impact Oil & Gas Limited (“Impact” or the “Company”), a privately-owned, Africa-focused, exploration company is pleased to announce the signing of a farmout transaction related to its interests in Blo...
Africa Oil Announces Strategic Farm out of Impact's Namibian Interests
1/10/2024 - Africa Oil Corp. ("Africa Oil", "AOC" or the "Company") is pleased to announce a significant value enhancing farmout transaction related to its offshore Namibia interests held through its investee com...
ReconAfrica Provides Operational Update
12/21/2023 - Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) announces an operational update, an update to Petroleum Exploration Licence (“PEL”) 073, onshore Namibia, a filing update, and an ...
88 Energy Limited Announces Namibian Oil and Gas Farm in Agreement
11/13/2023 - 88 Energy Limited (88 Energy or the Company) is pleased to announce the execution of a three stage farm-in agreement (Farm-In Agreement) with a wholly-owned subsidiary of Monitor Exploration Limited (...
Global Petroleum Provides Company Update
9/13/2023 - Corporate
On 31 August 2023 Global announced that it had raised £250,000 in aggregate before costs through the placing of 250,000,000 Ordinary Shares (the “Placing”) at a placing price of 0.1 ...
ReconAfrica Provides Update on NAMCOR Transaction
6/20/2023 - Reconnaissance Energy Africa Ltd. provides an update on the transaction with Namcor Exploration and Production (Pty) (“NAMCOR”) announced in the Company’s news release dated September 22, 2022.
Woodside Enters Option Agreement on PEL 87 in the Orange Basin in Namibia
3/2/2023 - Sintana Energy Inc. is pleased to announce that Woodside Energy (GOM), Inc., a wholly-owned subsidiary of Woodside Energy Group Ltd. (“Woodside”) has entered into an agreement whereby it has the optio...
Trago Energy Completes Transaction in Respect to Its Interests in PEL 90
10/4/2022 - Sintana Energy Inc. is pleased to announce that Trago Energy (Pty) Limited (“Trago”), a Namibian affiliate of the Company, has completed a transaction (the “Transaction”) with Chevron Namibia Explorat...
ReconAfrica Enters into Agreement with NAMCOR
9/22/2022 - Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) wishes to announce that, further to its announcement on February 6, 2022, it has entered into a definitive purchase and sale agreemen...
ReconAfrica Extension to the LOI with Namcor
4/28/2022 - Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) wishes to announce that, further to its announcement on February 6, 2022, it has entered into an extension to the Letter of Intent wi...
Reconafrica Increases its Participating Interest in the Kavango Basin
2/6/2022 - Reconnaissance Energy Africa Ltd. (“ReconAfrica”) (RECO) is pleased to announce it has entered into a Letter of Intent with its partner, the National Petroleum Company of Namibia (“NAMCOR”) to acquir...
Eco Provides Operational Update and Notice of AGM
11/1/2021 - Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licences in the proven oil province of Guyana and the highly prospective basins of Namibia, provides an operational update on th...
QP Enters Two Offshore Exploration Blocks in Namibia
4/6/2021 - Qatar Petroleum entered into an agreement with Shell to become a partner in two exploration blocks offshore the Republic of Namibia. Under the terms of the agreement, which is subject to customary app...
BW Energy Signs Kudu Farm-In Agreement
1/14/2021 - BW Kudu Limited, a wholly owned subsidiary of BW Energy Limited and the National Petroleum Corporation of Namibia (NAMCOR) have signed a Farm-In and Carry Agreement. The agreement increases BW Kudu’s ...
Serica Energy Provides Operations Update
12/15/2020 - Serica Energy plc, a British independent upstream oil and gas company with operations centred on the UK North Sea and over 80% gas production, hereby provides the following operations update.

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Kosmos Completes Farm Down to Shell
12/10/2020 - Kosmos Energy has closed the previously announced transaction with B.V. Dordtsche Petroleum Maatschappij ("Shell"), a wholly-owned subsidiary of Royal Dutch Shell PLC, to farm down interests in Surina...
Eco Atlantic Re-issued all Namibia Offshore Licenses
11/30/2020 - Eco (Atlantic) Oil & Gas Ltd., an oil and gas exploration company with licences in highly prospective regions in Guyana and Namibia , has successfully negotiated the reissuance of its four licences in...
LEKOIL Enters into Strategic Agreement with NAMCOR
10/29/2020 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and Africa, announces that it has entered into a Strategic Alliance Agreement ("SAA") with NAMCOR Exploration and Pro...

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