Reading about the different basins located offshore Namibia can be confusing, I think the picture below shows them in detail. Some geologists argue that the differences are minimal, particularly between Walvis, Luderitz and Orange, but they have been historically differentiated:
If you are interested, you have Reconnaissance Energy to play it. Namibia will publish soon the final results of the 2023 bid round for onshore blocks; the provisional results showed that it didn't attract the interest of majors.
If pel 87 is be the next santos type oil play hence could hold 40 billion BOIP , what is PCL worth per share ?
Great job!!
What about onshore Namibia, are there any updates on discoveries onshore?
If you are interested, you have Reconnaissance Energy to play it. Namibia will publish soon the final results of the 2023 bid round for onshore blocks; the provisional results showed that it didn't attract the interest of majors.