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Could This Be The Most Promising Oil Play Of The Decade?

) acquisition of the rights to Namibia’s giant, 6.3-million-acre Kavango Basin, which was followed in short order by two confirmations of an active petroleum system. It’s captured our attention for several reasons; not the least of which is that onshore discoveries are pretty much a thing of the past, except in the final frontier of Africa, where Namibia—which has never produced a barrel in its history—is anxiously awaiting the possibility of its day in the energy spotlight. It’s also...
United States United Kingdom Namibia General South Korea Harold Lothrop Kenneth Lothrop Harold

The Small Exploration Company That Shocked The Oil Industry

) announced early findings from the first of their initial 3-well drill program in Namibia’s 6.3-million-acre Kavango Basin. It came as a surprise to many of us: Results indicated signs of a working petroleum system after only the first test drill.  On June 3rd, investors got another surprise when RECO announced further indication of a working petroleum system in the shallow section of its second well.  Now, we’re waiting for an announcement about the completion of the second drill to 12,...
United States Eagle Ford United Kingdom Okavango River Namibia General Big Lake

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Recon Africa: The Truth About The World's Most Exciting Oil Play

8 hours Pipeline Operators Score Massive Supreme Court Victory 12 hours U.S. Oil Inventories Fall For Sixth Straight Week 12 hours Record-Breaking Heatwave Sparks Blackouts Across The Pacific Northwest 13 hours U.S.-Controlled Oilfield In Syria Attacked By Rockets 14 hours New Russian Tariffs Could Send Key Metal Prices Even Higher 15 hours Is The Tesla Hype Fading? 16 hours Oil Price...
United States France General United Kingdom Okavango River Namibia General South Africa

ReconAfrica's plan to drill for oil in the Okavango draws the ire of environmentalists

Geographical Magazine ReconAfricas plan to drill for oil in the Okavango draws the ire of environmentalists Written by  Jacob Dykes 09 Jun 2021 One company’s plan to drill for oil in the Okavango Delta is raising the ire of environmentalists. As we find out, the promises of community uplift through oil extraction is not always a pathway to prosperity In 2015, Canadian-based oil and gas exploration company ReconAfrica acquired the right...
Tsodilo Hills Botswana General Niger Delta Nigeria General Namibia General Caprivi Strip

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