Eco (Atlantic) Oil & Gas Ltd, an oil and gas exploration company with licences in the proven oil province of Guyana and the highly prospective basins of Namibia, has completed a private placement with strategic partner Africa Oil Corp (Africa Oil) and Charlestown Energy Partners LLC
Exploration
SDX Energy completes first phase of drilling operations in Morocco
AIM-listed SDX Energy, the MENA-focused energy company, has announced the successful completion of the initial three well phase of its 2021 drilling campaign in Morocco, which will comprise up to a total of five wells over the year
San Leon conditionally acquires further interest and option in Nigerian oil export system
San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has announced a conditional investment of US$2mn as well as an option to conditionally invest a further US$6.5mn in the equity of Energy Link Infrastructure (Malta) Limited (ELI)
South Sudan’s block 5A recommences oil production
Sudd Petroleum Operating Company (SPOC) – the operator of South Sudan’s Block 5A – has announced resumption of operations, with the block 5A expecting to reach a peak of 45,000 bpd by 2028
Sudan launches first oil licensing round
The Ministry of Petroleum (MoP), the Republic of South Sudan, has announced the launch of the country’s first oil licensing round