PEL 39 License2 Feb 2022 11:49
The blocks cover 23,297 km² of the northern Walvis Basin and Dolphin Graben (offshore Namibia), an under-explored region in which recent drilling results have proven the presence of a working oil-prone petroleum system, along with good quality turbidite and carbonate reservoirs. The new blocks are located directly to the north of licences in which ExxonMobil (‘Exxon’) and Africa Energy Corp (‘Africa Energy’) have acquired interests. In addition, Kosmos Energy have also recently farmed into Shell operated PEL39 in the deep-water Orange Basin