Ann: Namibia PEL 37, page-51

There is no obligation to show the licence extension. It won't be found online.

FYI - The 'subject to meeting requirements' refers to fulfilling the obligations of the exploration period/s in question. In our current period, it means PCL need to fulfil the outstanding 3d seismic obligation.

Note that the comment that says there are 3 x two year further extensions goes against the Petroleum Act. I believe this is incorrect. The Act governs that there are only three exploration periods; a 4 year Initial Exploration period, followed by a two-year First Extension Period, followed by a two-year Second Extension Period. Each of these three periods can be extended by one year each at the Minister's discretion. There is a special case for an extension that is given due to Vis Major (Force Majeure). This is our last hope in my opinion. I would hope that they have tried it.