Definition Exploration and Production Spud-in 
Oil & Gas 360º
APRIL 10, 2025
Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far. The results of the Naingopo exploration well announced in January 2025 increased our confidence in the potential for Prospect I.
The Energy Law
AUGUST 10, 2017
The EJDA also should provide that production from the producing shale formation will secure the Lease Party against the Drilling Party’s failure to perform obligations in the earning zone and its other conventional formations, as well as other earning zones. The Five Lessons 1. Take advantage of the geology.
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