Azule Energy has officially acquired a 42.5% interest in Block 2914A (PEL85) in Namibia’s Orange Basin. The acquisition follows the successful completion of a farm-out agreement with Rhino Resources announced in May after receiving all necessary approvals from Namibian authorities…
Mining And Energy
–
88 Energy Limited says it has identified 10 independent structural closures with significant hydrocarbon potential in Namibia’s Owambo Basin. According to the oil and gas exploration company, this is through the initial interpretation of 2D seismic data within the southern…
Mining And Energy
–
Portuguese multinational energy company Galp has made a hydrocarbon discovery in Namibia. Galp encountered light oil and gas-condensate at the Mopane-1A appraisal well in block PEL83. Drilled on 23 October, the well revealed hydrocarbons in high-quality reservoir sands with favourable…
Mining And Energy
–