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Latest Kunene Stories

2008-10-06 09:00:47

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 6, 2008) - Universal Power Corp. (TSX VENTURE:UNX)(FRANKFURT:3U2A) (the "Company") or ("Universal") today provided a corporate update as follows: Block 1711 The Company has been advised by the Government of Namibia that interpretation of results from sampling and testing of the Kunene #1 well are ongoing and final results have not been submitted by the operator. Furthermore, Universal has been advised that the operator and the Namibian...

2008-09-08 15:00:59

Universal Power Corp. (TSX VENTURE: UNX)(FRANKFURT: 3U2A) (the "Company") or ("Universal") announced today that further to its news releases dated June 24, 2008 and July 21, 2008 the transactions to acquire a 30% carried interest in Petroleum Exploration Licence ("EL") 2815 off-shore Namibia and purchase an additional 70% of Kunene Energy (Pty) Ltd, ("Kunene Energy") have now been completed. Namibian Oil & Gas Assets On February 26, 2008 Universal entered into a partnership with...

2008-09-08 15:00:59

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 8, 2008) - Universal Power Corp. (TSX VENTURE:UNX)(FRANKFURT:3U2A) (the "Company") or ("Universal") announced today that further to its news releases dated June 24, 2008 and July 21, 2008 the transactions to acquire a 30% carried interest in Petroleum Exploration Licence ("EL") 2815 off-shore Namibia and purchase an additional 70% of Kunene Energy (Pty) Ltd, ("Kunene Energy") have now been completed. Namibian Oil & Gas Assets On...

2008-08-18 09:00:54

Universal Power Corp. (TSX VENTURE: UNX)(FRANKFURT: 3U2A)(the "Company") or ("Universal") announced today that further to its news releases dated June 24, 2008 and July 21, 2008 the TSX Venture Exchange ("TSX-V") has accepted for filing the transactions to acquire a 30% carried interest in Petroleum Exploration Licence ("EL") 2815 off - shore Namibia and purchase an additional 70% of Kunene Energy (Pty) Ltd, ("Kunene Energy"). The Company will now proceed to close both acquisitions....

2008-08-07 09:00:56

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 7, 2008) - Universal Power Corp. (TSX VENTURE:UNX) (FRANKFURT:3U2A) (the "Company") or ("Universal") announced today they have been notified that the Kunene #1 well, has been drilled to a depth of 5,050 meters and logging operations are complete. During drilling the well encountered significant hydrocarbon shows in two zones. The first interval is 228 meters starting at about 3700 meters and the second interval is 50 meters starting at...

2008-08-06 12:00:51

HOUSTON, TEXAS--(Marketwire - Aug. 6, 2008) - EnerGulf Resources Inc. ("EnerGulf") (TSX VENTURE:ENG)(FRANKFURT:EKS) EnerGulf reports that drilling and logging operations on the Kunene #1 have been completed. The well had significant hydrocarbon shows. EnerGulf believes the results of the operations to date have enhanced the prospectivity of Block 1711 by demonstrating that hydrocarbons are present. At this date we believe that this first well ever drilled in the Namibe Basin south of Angola,...

2008-06-24 09:03:13

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 24, 2008) - Universal Power Corp. (TSX VENTURE:UNX)(FRANKFURT:3U2A) (the "Company") announced today that it has entered into a Letter of Intent ("LOI") to acquire a 30% carried interest in Petroleum Exploration Licence ("EL") 2815 off - shore Namibia. The Company will pay US $1,500,000 for the interest upon completion of due diligence and TSX Venture Exchange ("TSX-V") approval. Under the terms of the LOI, the Company will purchase from Cumoxi...

2008-06-19 21:00:24

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 19, 2008) - EnerGulf Resources Inc. ("EnerGulf") (TSX VENTURE:ENG)(FRANKFURT:EKS) has been notified by the operator of the Kunene #1 well on Block 1711 offshore Namibia, Sintezneftegaz Namibia Ltd., that the well is now expected to continue drilling for oil and gas beyond the previously announced mid June estimate to reach a total depth of 4,400 meters. The 4,400 meter total depth is now anticipated early July. A decision to then continue...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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