ReconAfrica signs JOA with Namcor on Kavango exploration
Reconnaissance Energy Africa has signed a joint operating agreement (JOA) with Namcor.
Updated: 14/06/2021, 3:55 pm
Namibia
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This covers the development of the Kavango Basin in northeast Namibia.
ReconAfrica has agreed to cover the full costs of exploration to commerciality in the Kavango East and Kavango West regions.
The JOA follows on from a petroleum exploration agreement signed in 2015 with the Namibian government.