Ann: Woodside Enters Into Exclusive Option on Namibia PEL 87, page-109

And here come the articles...plenty more eyes will be on us now.

Woodside enters Namibia, on trend with Venus

"Woodside Energy has returned to exploration in Africa, signing an option to buy in to Pancontinental Energy’s PEL 87, offshore Namibia. The licence lies to the north of recent discoveries by TotalEnergies and Shell, and also north of Chevron’s recent entry into the country.

“Exploration is moving ahead quickly, with 3D seismic acquisition planned to start later in March this year. Saturn has been independently assessed to have multi-billion-barrel potential, as first reported by Pancontinental in September 2018.” The company expects seismic results in mid-2023, Rushworth said.

The licence covers 10,970 square km. It holds the Saturn turbidite complex, Pancontinental reports, which it says is on trend with the Venus, Graff and La Rona discoveries of 2022 – and the Jonker-1 find, drilled in 2023. In addition to Shell and Total’s drilling in the area, Galp is also planning a well in Namibia’s nearby PEL 83 this year."