$5,000,000
Namibia Block PEL90 (2813B)
Tullow Oil have now exited this Block, reportely still leaving Harmattan Energy and Trago Energy as licensees.
Harmattan Energy and Trago Energy are both are seeking a farm-in partner to drill a wildcat exploration well in deep water in the Orange Basin. The prospect identified is an Albian basinfloor fan simial to Tonearby which is close to the Venus and Graaf discoveries.
The block was formerly held by Calima Energy.
Details
Asset Name
: Namibia Block PEL90 (2813B)
Ref
: AF-NAM-2813B
Continent
: Africa
Country
: Namibia
Location
: Onshore
Project Phase
: Exploration
License Start
: 2018
Operator
: Harmattan Energy 14%
Other partners
: Trago Energy 20%, Namcor 10%
Farmout company
: Namcor, Harmattan Energy, Trago Energy
Mandated Agent
: Moyes & Co
Work Programmes
: Drilling
Equity Offered
: 60 - 80%
Deal Status
: Open
FarmoutAngel Valuation
: $1,000,000 - $5,000,000
FarmoutAngel confidence
: Low
Consideration Sought
: $5,000,000