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

Further Encouraging Results

[12 Nov '25] ReconAfrica has reported additional positive indications from its Kavango West-1X exploration well in the Owambo Basin. Numerous oil and gas shows and strong and consistent natural gas markers throughout the Otavi reservoir package prompted deepening of planned TD from the original 3,800 m to a planned total depth of 4,200 m. These results further strengthen confidence in the basin’s prospectivity and mark one of the most encouraging technical updates from the company to date.

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

The well will be drilled to final TD once ongoing rig repairs are completed. Extensive wireline logging will then be conducted, including formation pressures, fluid sampling, and reservoir characterisation, to validate the multiple oil shows and gas indications observed in the Otavi reservoir section while drilling. Results from the wireline logging tests are expected to be released prior to year-end.


INVESTOR SNAPSHOT

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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