Namibia’s minister of mines and energy, Isak Katali, has approved the assignment by Serica Energy of a 30 per cent interest in the offshore Luderitz Basin Licence 0047 to BP subsidiary Exploration (Luderitz Basin) Limited

Petrel Resources results for the year ended December 31, 2011, have revealed that the oil exploration and production company has a cash position of EUR 4.2 million (US$5.2 million) and has plans for further African expansion

Rialto Energy has recovered oil and gas samples from a sidetrack of its Gazelle P3 well in Block CI 202 offshore Côte dIvoire

Canadian-based oil and gas company Talisman has been given the go ahead to begin exploration of Block SL-4B-10, offshore Sierra Leone, after replacing Prontinal as majority owner of the block