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Westmount Energy has announced that it has purchased 300,000 common shares in Africa Oil Corp. The purchase increases Westmount s indirect exposure to anticipated exploration drilling on the Canje and Orinduik blocks, offshore Guyana from 2024 and in addition provides liquid exposure to the scheduled 2023, up to 4 well, appraisal drilling and testing program on the giant Venus discovery in the Orange Basin, offshore Namibia. ....
Here’s a roundup of the latest E&P headlines in the upstream oil and gas industry, including wells offshore Congo beginning production and approval for a North Sea field development. ....
Africa Oil Corp (TSX:AOI) told investors that TotalEnergies has renewed its Oil Mining License (OML) 130 for 20 years, noting that it has an effective 8%. ....