Intana Energy provides updates on the ongoing exploration campaign in Namibia’s Orange Basin, specifically on Blocks 2813A and 2814B, governed by Petroleum Exploration Licence 83 (PEL 83).
Galp Energia’s subsidiary operates PEL 83, with Sintana holding an indirect 49% interest in Custos Energy, a 10% working interest owner in the license, alongside NAMCOR, Namibia’s National Petroleum Company, which also holds a 10% working interest.
Chairman and CEO of Custos, Knowledge Katti, emphasizes the significance of the exploration campaign’s success, positioning Custos for further growth and success in the basin.
Maggy Shino, representing Namibia’s Ministry of Mines and Energy, applauds the partners’ hard work and dedication, highlighting the potential for continued growth in the oil industry with this latest discovery and appraisal success.
Robert Bose, CEO of Sintana, acknowledges the significance of the third light oil discovery in the Mopane complex and the appraisal results at the AVO-1 reservoir, underscoring the scale and quality of their exploration portfolio in Namibia. Bose extends congratulations to the joint venture partners for their collective success.
