Azinam Plans Offshore Namibia Multi-well Program

Drilling Activity Details

Locations

Namibia

Operators
Post Date
Shore Type
Geo Coordinate

Drilling Activity Summary

Description

Azinam Ltd. is planning a multi-well offshore drilling campaign beginning in 2018 and continuing to 2019. The campaign will seek to test and verify the highly prospective acreage held by the company across the oil proven Walvis Basin. Azinam’s working interests range from 20-42.5% in its six licenses across the majority of the basin. Estimates in the license area indicate 10 Bbl of prospective resources. Azinam holds an extensive 2D seismic database as well as six proprietary 3-D broadband seismic data surveys covering a total of more than 13,000 sq mi. The license area include PEL 30, 33, 34, 44, 45 and 71. Azinam is based in Dubai.