Oil & Gas 360º

MARCH 10, 2025

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% Algerias Sonatrach will increase hydrocarbon production by 2.5%

E&P 130

E&P Exploration and Production Oil Field 130

Oil & Gas 360º

APRIL 28, 2025

The vertical Sockeye-2 well was completed in a single 25-foot interval at approximately 9,200 feet TVD, without stimulation. The well performed in line with expectations during the 12-day production test, averaging 2,700 barrels of oil per day during the final flow period, without artificial lift.

Exploration Well 130

Exploration Well Completion Oil Barrel 130

Oil & Gas 360º

APRIL 17, 2025

(the Company or ReconAfrica) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an agreement for a joint exploration project in Angola with the Agncia Nacional de Petrleo, Gs e Biocombustveis or National Oil, Gas and Biofuels Agency (ANPG). This will be the Companys largest exploration prospect drilled so far.

Basin 130

Basin Oil Petroleum Gas 130

Oil & Gas 360º

APRIL 14, 2025

bp drilled the exploration well in Green Canyon Block 584, located in western Green Canyon approximately 120 miles off the coast of Louisiana in 4,092 feet of water. The well was drilled to a total depth of 23,830 feet. bp expects to grow its global upstream production to 2.3 Vertical composition with copy space above.

Oil 130

Oil Exploration and Production Sidetracking Upstream 130

Oil & Gas 360º

APRIL 10, 2025

Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far. The results of the Naingopo exploration well announced in January 2025 increased our confidence in the potential for Prospect I.

Exploration Well 130

Exploration Well Spud-in Petroleum Exploration and Production 130

Rextag

MAY 8, 2025

Below, we break down Q1 2025 reports from Equinor , BP , Hess , and Northern Oil and Gas (NOG) , with a side-by-side comparison of production and net income, and a clear snapshot of how they stacked up against Q1 2024. Production and Operations Performance Oil and gas output was resilient, underpinned by high asset reliability.

Exploration and Production 40

Exploration and Production Energy Energy Basin 40