$20,000,000
Namibia Blocks 1910B, 2010A
Many of the plays here are shallow water carbonates, has the recent failure of the Welwitschia well cast doubt on these?
Details
Asset Name
: Namibia Blocks 1910B, 2010A
Ref
: AF-NAM-1910
Continent
: Africa
Country
: Namibia
Location
: Offshore
Project Phase
: Exploration
Latitude
: -20.17
Longitude
: 10.59
License Start
: 2010
Operator
: Global Petroleum Namibia Ltd
Other partners
: Namcor 10%, Bronze Investments 5%
Farmout company
: Global Petroleum Namibia Ltd
Work Programmes
: Drilling
Back Costs
: Unknown
Equity Offered
: 20 - 40%
Deal Status
: Open
FarmoutAngel Valuation
: $10,000,000 - $25,000,000
FarmoutAngel confidence
: Low
Consideration Sought
: $20,000,000