Namibia Economist on MSN1mon
Another oil discovery in Namibia’s Orange Basin boosts exploration hopes
Custos Energy on Tuesday announced another significant oil discovery off the coast of Namibia, further cementing the country’s Orange Basin as a promising new frontier for hydrocarbon exploration.
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Pancontinental seeks new farm-in partner to fund Namibia Orange basin drilling
Pancontinental is looking to secure an alternate farm-in partner after notification from Woodside of its election not to exercise its farm-in option. Pancontinental Energy NL is looking to ...
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Woodside Relinquishes Option to Take Majority Stake in Orange Basin Block
Image by BJP7images via iStock Woodside Energy Group Ltd. has opted not to exercise a right to farm into Production Exploration License (PEL) 87 on Namibia’s side of the Orange Basin.