Namibia: Reconafrica Gets New Exploration Approval #AfricaClimateCrisis

Canadian company Reconnaissance Energy Africa and its joint venture partner, the National Petroleum Corporation of Namibia (Namcor), have been granted approval to resume exploration in the northeast of the country.

This approval for the Second Renewal Exploration Period was granted by the mines and energy ministry (MME), and it is valid from 30 January 2024 to 29 January 2026.

The approval relates to ReconAfrica’s approximately 6.3 million acres (some 2.5 million hectares) petroleum exploration licence (PEL) 73.

ReconAfrica is an oil and gas exploration in the Kavango Sedimentary Basin in the Kalahari Desert of north-eastern Namibia and north-western Botswana, where the company holds petroleum licenses, comprising approximately ~8.0 million contiguous acres (3.2 million hectares).

“We appreciate the MME recognising the significant capital deployed and the work programme ReconAfrica has executed during the First Renewal Exploration Period on PEL 73 over the past three years. During the first exploration period, the company has exceeded our work commitments through the drilling of three stratigraphic test wells, the acquisition of over 2 750km of 2D seismic and a ~5 000km2 eFTG survey. I would also like to take the opportunity to recognise the efforts of the ReconAfrica and Reconnaissance Energy Namibia teams in executing those programmes safely – and for the benefit of the people of Namibia. We look forward to executing an efficient exploration programme as we commence our drilling programme to test the high potential Damara Fold Belt and oil-prone rift plays,” said Brian Reinsborough, president and CEO of ReconAfrica.