Canadian oil company ReconAfrica has just secured funding of 4.37 billion CFA francs (approximately 7.6 million USD) to support its activities in the Ngulu block, an offshore area renamed from the former C-7 block, in Gabon, covering 1,214 km² in shallow waters. This investment is the result of a production sharing contract (PSC) signed on…...
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Gabon: ReconAfrica invests nearly 8 million USD in offshore
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