ExxonMobil Adds Acreage Offshore Namibia

ExxonMobil Adds Acreage Offshore Namibia

HTTP://www.oedigital.com/news/465446-exxonmobil-adds-acreage-offshore-namibia

The new licences 1710, 1810 are directly north of our PEL29 shown in the link below

Adjacent to block 1710 is 1711, which was a commercial gas discovery

HTTP://namibiaoilandgasconference.com/wp-content/uploads/2019/03/Lic_Map_31102018-1.pdf

Said this before, that they would not settle for two part shared licences and would want to increase their foot print

It certainly says that we are defo in the right place and their research has lead them to take a larger position in this highly prospective region. The piece forgets to mention Exxon also has a 30% interest in PEL44 as well as a 40% interest in PEL82

The heat has just been turned up a couple of notches imo