Exploration Assets
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Exploration Assets
NAMCOR E&P is operating the following Petroleum Exploration Licenses (PELs), 67 and 72 (Blocks 2714A&B), 79 (Blocks 2815 and 2915), 82 (Blocks 2112B and 2212A) and 102 (Block 2614B). PEL 82 is in the Walvis Basin followed by PEL 102 in the Luderitz Basin and finally PELs, 67 & 72 and 79 within the Orange Basin and adjacent to the Kudu Gas Field.
Acreage: 10,945 km2
| Company | Allocated Interest (%) |
| NAMCOR (Operator) | 67 |
| Quiver Oil & Gas Pty LTD | 33 |
Acreage: 13,829 km2
Water depth: 0 -210m
License Period: First Renewal Exploration Period
| Company | Allocated Interest (%) |
| NAMCOR (Operator) | 67 |
| Giraffe Energy Investments Pty LTD | 33 |
Acreage: 11,444 km2
Water depth: 300 – 2000m
License Period: First Renewal Exploration Period
| Company | Allocated Interest (%) |
| NAMCOR (Operator) | 50 |
| Custos Energy (Pty) Ltd | 50 |
Acreage: 15,510.8 km2
Water depth: 0 – 210 m
License Period: Initial Exploration Period
| Company | Allocated Interest (%) |
| NAMCOR (Operator) | 50 |
| Nasmam Investment Pty Ltd | 30 |
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