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27.05.25 - 14:45
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Supernova Signs Letter of Intent for Additional Acreage and Carried Interest in Offshore Block Located in Namibias Walvis Basin (The Newswire)
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Vancouver, British Columbia – TheNewswire - May 27, 2025 – Supernova Metals Corp. (CSE:SUPR) (FSE: A1S) (the “Company”), soon to be renamed Oregen Energy Corp. (“Oregen”), is pleased to announce that it has entered into a letter of intent, dated May 26, 2025, with an arm's-length party to purchase an interest in an offshore petroleum exploration license (the “License”) located in Namibia's Walvis Basin, one of the Namibia's most prospective frontier basins.
Pursuant to the terms of the letter of intent, it is contemplated that the Company will acquire an initial 4.9% indirect carried interest in the License, with a right to increase its indirect carried interest up to 7.0%. The interest in the License includes full carry through exploration, appraisal, development, and into production.
The Walvis Basin has in recent years attracted growing attention from major industry players including ExxonMobil, Chevron, Eco Atlantic Oil & Gas, Geo-Exploration, Chariot Oil & Gas and Tower Res...
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13.01.25 - 08:00
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Africa Oil Announces Increase in its Interest in the Core Orange Basin Block 3B/4B (Cision)
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VANCOUVER, BC, Jan. 13, 2025 /CNW/ - (AOI–TSX, AOI–Nasdaq-Stockholm) – Africa Oil Corp. (“Africa Oil”, or the “Company”) announces an increase in the group's direct interest in Block 3B/4B, offshore South Africa, to 18.0%. This block lies to the southeast and on trend with a number of Orange Basin oil discoveries including Venus, and is operated by TotalEnergies.
The Company and its wholly-owned subsidiary, Africa Oil SA Corp. (“AOSAC”), have completed a transaction with Eco (Atlantic) Oil & Gas Limited (“Eco”) and Azinam Limited (“Azinam”), a subsidiary of Eco, whereby Azinam has...
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