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Ann: PEL 37 Joint Venture Votes to Drill Offshore Namibia, page-5

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    "Cormorant drilling remains subject to Ministry endorsement and the grant of renewal of PEL 37 for the Second Renewal Exploration Period." ...and "In order to drill the well the Joint Venture has elected to apply to the Ministry to enter into the next phase of the license, the Second Additional
    Exploration Period. The planned activities are subject to the endorsement of the Minister of Mines and Energy of Namibia."... not exactly silent.
 
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