Monitor Exploration
Access To The World’s Most Prospective New Exploration Region
Monitor Exploration
Billion-Barrel Plus Potential with 350 MLN Barrel Immediately Drillable Prospect
Monitor Exploration
Unique Exploration Approach
Monitor Exploration
Numerous, Large Potential Hydrocarbon Bearing Structures
Monitor Exploration
Unfolding Immense Potential of Owambo Basin with Proven Petroleum System
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PROSPECTIVE

RECOVERABLE

RESOURCES

Pre- 2024 2D Seismic

2023 OIL CASE PROSPECTIVE MEL MONITOR
2023 OIL CASE PROSPECTIVE MEL MONITOR

THE RESULTS OF THE 2024 2D SEISMIC SURVEY FULLY SUPPORT THE SCALE OF THIS OPPORTUNITY BOTH IN TERMS OF UNRISKED AND NET RISKED RESOURCES.

NEW LEAD INVENTORY AND VOLUMES ARE AVAILABLE UPON NDA.

The Owambo basin potential explained in just 10 minutes.

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Risked value
US $ 333 Million

The risked value of discovery EMV
US$ 333 Mln

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Unrisked value
US$ 2 Billion

The estimated unrisked value
US$ 2 Billion

PROJECTS

Monitor enjoys a favourable logistics position
Train stations situated within the licences
Access to cargo port at 500 km: Walvis Bay
Cargo railway passes through both licences to port, capital and towards South Africa
Even a modest discovery will have guaranteed transport and distribution

PROMISING SIGNS FOR OIL AND GAS EXPLORATION AS

KAVANGO WEST 1X

DRILLING UPDATE BECOMES AVAILABLE

Encouraging Initial Results

ReconAfrica has now advanced the Kavango West 1X well into the heart of the Otavi carbonate reservoir (2,300 m), marking a key stage in the test of a large structural closure in the Damara Fold Belt.

This prospect bears strong relevance to Monitor’s neighbouring PEL 93 play, as both target analogous structural and stratigraphic settings.

Prospect and Resource

The structural closure under test spans nearly 20 km by 3 km, with estimate un-risked prospective volumes of ~346 million barrels (100% basis).

The anticlinal targets Monitor is targeting are in the same geological play but benefit from larger scale, access to hydrocarbon charge from a much greater area of source rock and lower risk of alteration of reservoirs by igneous activity.

Plan and Expectations

ReconAfrica expects to drill through about 1,500 m of reservoir section before reaching total depth, planned at approximately 3,800 m, with drilling expected to reach this depth in the second half of November 2025.

Logging operations are scheduled to begin immediately after total depth, with results anticipated around year-end 2025.
MEL Monitor Lead 9 Owambo


INVESTOR SNAPSHOT

Monitor MEL Lead 9 Inventory Owambo

NEXT EXPLORATION OPPORTUNITY

NAMA BASIN in NAMIBIA

Area 16,871 km2
Since Oct 2024
Initial Resource Estimate
Working Interest for Monitor

2416A and 2417

Optimal inland logistics in Namibia and outlet towards South Africa

Petroleum Agreement

Very favourable terms negotiated prior to large discoveries in the Orange Basin

2 BBBL of Oil in place

Geological setting and background show high evidence of hydrocarbon presence

85%

Option to drop with no penalties after completion of each stage
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Monitor Welcomes Somerschield as Strategic Partner in Namibia

Monitor Exploration Limited (MEL UK), a United Kingdom-based private company focused on onshore hydrocarbon exploration in Namibia, is pleased to announce a strategic partnership with Somerschield Investments, a private investment vehicle headquartered in Windhoek, Namibia. Somerschield joins MEL Oil & Gas Exploration Namibia (Pty) Ltd (“MEL Namibia”), MEL UK’s Namibian operating subsidiary, as a shareholder…

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Community Engagement Campaign Ahead of Airborne Gravity and Magnetic Survey in PEL 93

Core Elements Community engagement campaign in progress in preparation for the airborne gravity, magnetic and radiometric survey Update of the Environmental Management Plan (EMP) and Amendment to the Environmental Clearance Certificate (ECC) As part of preparations for the upcoming airborne gravity, magnetic and radiometric survey in PEL 93, Monitor has commissioned the Namibian consultancy company…

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Public Notice: Oshikoto Region—including Guinas, Tsumeb and a small portion of Nehale Lya Mpingana

To the attention of the local communities in the Oshikoto Region—including Guinas, Tsumeb, and a small portion of Nehale Lya Mpingana and surrounding areas—this message is shared in reference to the Public Notice already distributed in your communities regarding an upcoming Airborne Gravity and Magnetic Survey. We wish to provide you with the three informative posters…

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One-Year Extension Granted to Advance Exploration and an Upcoming Airborne Gravity, Magnetic and Radiometric Survey 

Monitor Exploration Limited (“Monitor or MEL”), as Operator of the Onshore Namibia Owambo Basin Petroleum Exploration Licence PEL 93, has been Granted One-Year Extension to Advance Exploration and an Upcoming Airborne Gravity, Magnetic and Radiometric Survey. Core Elements One-year extension to current First Renewal Exploration Period granted until Oct 2026   Airborne gravity, magnetic and…

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Maggy Shino presented Monitor’s Owambo project at NIEC

Namibia’s Petroleum Commissioner Mrs Maggy Shino (Ministry of Mines and Energy, Republic of Namibia) provided an activity update on Monitor’s activities in its Owambo basin licence PEL 93. The presentation was part of her appearance at the NIEC conference 23-25 April 2025 in Windhoek (Namibia International Energy Conference) under the title “Overview-Namibia’s Exploration Landscape”.

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