This might be why...our direct neighbour has identified "large and high quality" prospects and will be drilling two wells this year.
‘Large and high quality’: Galp identifies two prospects in hydrocarbon hotspot Namibia
"Lisbon-based Galp Energia has identified "large and high quality" prospects on a promising block in Namibia's red-hot Orange basin play where it plans to start drilling up to two exploration wells this year.
Galp chief executive Filipe Silva told analysts on Monday that while “it’s too early” to share detailed information on prospectivity, “it looks like its large and high quality, but I’ll stop there”.
Galp has chartered Odfjell’ Drilling’s semi-submersible drilling rig Hercules for the two well campaign on PEL 83 which is due to start in the fourth quarter of this year."
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