At 427.5 million bbl, US crude oil inventories are about 3% below the 5-year average for this time of year, the EIA report ...
The company is relinquishing its rights to the license following the conclusion of discussions with the Gambian government ...
Reconnaissance Energy Africa encountered hydrocarbons while drilling a second test well onshore northeast Namibia. A production test will be conducted.
The drilling program is expected to be completed in December 2025. First oil from Teal West is expected in mid-2026.
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