$15,000,000

Namibia Blocks 2813A, 2814B (PEL83)

Galp Energia are seeking a partner to drill this block outboard of the Kudu Gas Field.

Deepwater blocks, in a frontier, but likely highly prospective area. A lot of interest by supermajors in the surounding area.

Details

Asset Name : Namibia Blocks 2813A, 2814B
Ref : AF-NAM-2813
Continent : Africa
Country : Namibia
Location : Offshore
Project Phase : Exploration
Latitude : -28.52
Longitude : 13.94
Operator : Galp Energia
Other partners : Namcor 10%, Custos 10%
Farmout company : Galp
Work Programmes : Seismic, Drilling
Back Costs : $100,000 - $1m
Equity Offered : 40 - 60%
Deal Status : Open
FarmoutAngel Valuation : $25,000,000 - $50,000,000
FarmoutAngel confidence : Medium
Consideration Sought : $15,000,000

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