1. Calima has been awarded 56% interest and operator-ship of 5433Km exploration block in emerging deepwater oil play of Orange river basin of Southern Nambia.
2. There has been upsurge in interest from major international oil companies in Nambia.
3. The Calima acreage is believed to be host to oil bearing grounds which are likely to produce oil.
Seems like they are slowly turning this into an investment vehicle.
Stay tuned for second half of 2018
1. Calima has been awarded 56% interest and operator-ship of...
Add to My Watchlist
What is My Watchlist?