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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360º

Meanwhile, Enis offshore drilling campaign in Libyas Sirte Basin is set to be one of the most closely watched exploration programs in 2025, with four exploration wells in the pipeline. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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ReconAfrica provides drilling update on Prospect I

Oil & Gas 360º

trillion cubic feet of unrisked and 140 billion cubic feet of risked prospective natural gas resources (1) , on a 100% working interest basis, based on the most recent prospective resources report prepared by Netherland, Sewell, & Associates, Inc. (“NSAI”), an independent qualified reserves evaluator.

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ReconAfrica announces agreement for joint exploration project in Angola adding 5.2 million acres and significant resource potential along the Damara Fold belt and Rift Basin plays

Oil & Gas 360º

million acres in Namibia in the highly prospective Damara Fold Belt and Rift Basin exploration plays. It complements ReconAfricas activities in Namibia and highlights the potential of the Damara Fold Belt and Rift Basin by adding 5.2 million acres in Angola to the existing 6.3 NSAI), an independent qualified reserves evaluator.

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