PEL 83 Offshore – Orange Basin, Namibia

Highlights

  • The Kudu gas field directly offset the PEL 83 license was discovered in 1974.
  • Kudu holds proved reserves of 1.3 TCF (or 220 Mboe) with a further potential of 3-9 TCF.
  • Adjacent to Shell’s largest commercial find (Graff-1) in Africa since 1996 and 2nd largest globally in 10 years.
  • The Cheetah Prospect is an analogue to Shell’s Cullinan prospect in adjacent PEL 39.
Partners Participation Interest
Galp Energia (Operator) 80%
Inter Oil (Pty) Ltd.* 10%
NAMCOR 10%

* Effective Interest – On March 9th 2022, the Company completed the acquisition of 49% of Inter Oil (Pty) Ltd. resulting in an effective interest to Sintana Energy in PEL 83 of 5% carried interest.

PEL 83 Snapshot

 

Location Upper Orange Basin
Area 9,890 km2
Water Depth 250m – 2550m
Grant Date 02-Sep-16
Licence Term 5 years + 1 year extension + 2 renewal terms of 2 years
2D Seismic 5000 km
3D Seismic 6300 km2
Nearby Wells Offset Kudu Gas Field
Moosehead-1 (HRT 2014)