$20,000,000
Namibia Blocks 1910B, 2010A
Many of the plays here are shallow water carbonates, has the recent failure of the Welwitschia well cast doubt on these?
Details
Asset Name
:
Namibia Blocks 1910B, 2010A
Ref
:
AF-NAM-1910
Continent
: Africa
Country
: Namibia
Location
: Offshore
Project Phase
: Exploration
Latitude
:
-20.17
Longitude
:
10.59
License Start
: 2010
Operator
:
Global Petroleum Namibia Ltd
Other partners
:
Namcor 10%, Bronze Investments 5%
Farmout company
:
Global Petroleum Namibia Ltd
Work Programmes
: Drilling
Back Costs
: Unknown
Equity Offered
: 20 - 40%
Deal Status
:
Open
FarmoutAngel Valuation
: $10,000,000 - $25,000,000
FarmoutAngel confidence
: Low
Consideration Sought
:
$20,000,000