LNG

Feb 8 (LNGJ) - Africa Oil Corp., the Canadian company listed on the Toronto Exchange and the Nasdaq in Stockholm, has given an update on an offshore block in Namibia in southwest Africa. French major TotalEnergies is the operator of Block 2913B and QatarEnergy is a shareholder in the prospect off Namibia while Africa Oil has an interest in this block through its 31.1 percent shareholding in Impact Oil & Gas with its 9.5 percent carried interest in Block 2913B.

   “The Mangetti-1X exploration well has intersected hydrocarbon-bearing intervals in the Mangetti fan prospect, a separate system to the Venus oil discovery,” said Africa Oil in its Block 2913B update. “Mangetti-1X also achieved its secondary objective of successfully intersecting and appraising the northern area of the Venus accumulation. Mangetti has the potential to add additional recoverable resources on Block 2913B, and the joint venture partners are working to determine the next step in the evaluation process,” the company added.