Namibia’s oil and gas exploration faces high financial and geological risks, evidenced by recent failures
Tower Resources has acquired a 5% stake in the PEL96 licence in Namibia, increasing its
Tower Resources PLC has acquired an additional 5% in the PEL96 offshore licence in Namibia,
Tower Resources PLC plans to acquire an additional 5% stake in the PEL96 offshore licence
Tower Resources PLC has increased its ownership in Namibia’s PEL96 licence to 60% by acquiring
Galp’s Mopane-3X appraisal well offshore Namibia confirmed significant light oil and gas-condensate deposits. Meanwhile, Rhino
Custos Energy has announced a successful drilling at Mopane-3X in PEL 83, Namibia, revealing significant