PCL 0.00% 2.1¢ pancontinental energy nl

Ann: Woodside Enters Into Exclusive Option on Namibia PEL 87, page-170

  1. 3,818 Posts.
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    And TotalEnergies drilling underway...it is all happening.

    TotalEnergies starts drilling critical Namibia appraisal probe on potentially huge Venus oil discovery

    "TotalEnergies has spudded a critical and highly anticipated appraisal probe offshore Namibia that will go a long way to revealing the scale of its potentially huge Venus oil and discovery.

    A clear indication of the size of Venus comes from the fact that the appraisal well just spudded by drillship Tungsten Explorer is 13 kilometres from the discovery well, a bold step-out that is almost unheard of in exploration circles.

    Furthermore, TotalEnergies will also spud an exploration well called Nara-1 in adjacent Block 2912 on a vast prospect that was a key trigger for the huge resource estimates emerging from the exploration community last year.

    ...last month, Pouyanne was less cautious, describing TotalEnergies’ Namibia acreage as a “potential new golden block”."

    Last edited by jibbybagger: 04/03/23
 
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