Namibians and oil discovery in Kavango Basin

Six months ago, Canadian oil and gas company, Reconnaissance Energy Africa Limited began exploratory drilling in the deep Kavango Basin of north-east Namibia and into north-west Botswana. The company holds a total licensed area of 8.5 million acres in the area, and hoped to find massive reserves of conventional oil in this thick Permian sequence. […] The post Namibians and oil discovery in Kavango Basin appeared first on Financial Street .
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