NAMCOR Exploration and Production Pty Ltd (NAMCOR) is seeking potential partners or investors for 3 permits, PEL 67, 72 and 79 they operate in the Orange Basin, offshore Namibia and has applied a closing date of 31st July 2021 to bids for these permits.
NAMCOR is the operator of PEL 79, comprising of blocks 2815 and 2915 where they have 67% working interest and local partner Giraffe Petroleum has 33% equity in this license. NAMCOR is also the operator of PEL 72 & 67, comprising of blocks 2714 A & 2714B where they hold 67% working interest and local partner Quiver Oil & Gas holds 33% participating interest in the licence.
In PEL 79, there is an extensive 4760km 2D seismic data coverage, brokered by TGS, and in 2011, a 3D seismic survey was acquired by previous operator HRT covering 1,137 sq. km, processed to PSTM and PSDM accompanied by associated derivatives. Other available geophysical data includes regional gravity and magnetics.
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