Eni, Petroci Complete Phase Two of Baleine Project
Italian energy company Eni and Ivoirian oil company Petroci have increased gas production in Ivory Coast after completing the second phase of their Baleine project, Eni said.
#AfricaRising#ElephantOil
https://t.co/dXIfGfdFOu
3) It is the first gas development in the new basin offshore Mauritania and Senegal and is expected to put the two West African nations on the map as major hydrocarbon producers.
2) Senegal and Mauritania are set to become major producers of natural gas after oil major BP marked a significant milestone with the first gas flow from the offshore Greater Tortue Ahmeyim (GTA) project.
ReconAfrica Advances Namibian Exploration with Naingopo Well and BW Ener...
https://t.co/bXQccVoH7k via @YouTube @proactive_UK #ReconAfrica#ElephantOil#88E
3) Raised gross proceeds of $38.8 million via an underwritten public offering on July 31, 2024.
4) Listed on the Namibian Stock Exchange ("NSX") under the symbol "REC".
Great progress by our neighbor in Namibia.
ReconAfrica Operational Update
1) The Naingopo exploration well in the Damara Fold Belt currently drilling at a depth of 4,000 metres (13,125 feet).
#AfricaRising#energy#oilandgas#ElephantOil#ReconAfrica
https://t.co/OPx9eHmmUU
2) Entered into a definitive agreement with BW Energy Limited (OSE:BWE), for a 20% working interest, including a $22 million (US$16 million) equity investment, and additional contingent payments of US$125 million ($171 million), based on meeting certain milestones.
#Halliburton announced it will open new facilities in #Namibia highlighting the importance of the country’s growing #OilandGas industry
Read more: https://t.co/GR6GkOZqDD