Monitor has successfully completed the 2D seismic processing over PEL 93 in the Owambo Basin, Namibia, revealing significant structures. The processed data exhibit a good signal-to-noise ratio across nine seismic lines. A detailed interpretation of the data will begin soon. This work aims to estimate a substantial prospective resource from the Mulden and Otavi reservoirs,…
Exito Energy Resources (“Exito”) and Monitor Exploration Ltd (“MEL”), operating in Namibia through its subsidiary Mel Oil and Gas Exploration Namibia (Pty) Ltd (“MELN”), both holding neighbouring exploration licenses in Namibia’s onshore Owambo Basin, have entered into a collaborative agreement to jointly advance exploration efforts within Exito’s PEL 105 during its Initial Exploration Period. PEL…
As part of our ongoing commitment to support the development of Namibia’s Energy sector, Monitor are pleased to announce that our company continues its declared contribution to the Training Fund of the Ministry of Mines and Energy of Namibia. This initiative is central to our efforts to enhance skills development and capacity-building within the sector.…
We are pleased to announce the successful completion of our planned 200 km vibroseis 2D seismic acquisition programme in PEL 93 in Namibia.
Commencement of 2D seismic acquisition program in the Owambo Basin, Namibia. The program has been designed to acquire a minimum of ~200-line km of 2D seismic data, with completion expected in Q3 2024. Acquired seismic data is to be used as part of the validation process for up to 10 independent structural closures identified from…