Eco Atlantic Oil & Gas was granted a one-year extension to its PEL50 license in Namibia’s Walvis Basin. The extension was granted by the Namibia Ministry of Mines and Energy. Eco’s partners on PEL50, which contains the Tamar Block, are Spectrum and Namcor. Over the next year the company said it will continue to press […]

Soco International has sold off the entire holding in its Republic of Congo (ROC) subsidiary, Soco Congo. The company signed and completed a sale and purchase agreement (SPA) with Coastal Energy Congo. Under the SPA Soco will receive a cash consideration of up to $10 million and an overriding royalty on future oil and condensate […]

In the Republic of Congo (ROC), Anglo African Oil & Gas announced the results of its continued work on the TLP-102 well on the Tilapia license. The well was opened on June 17 with a view to bringing it online. According to the company, when the well was opened, it was believed that heavy water […]