PEL 103 Onshore – Waterberg Basin, Namibia


  • Near recent ReconAfrica well in Kavango Basin which proved up reservoir quality rocks and active petroleum system.
  • Modest committed work program. $700k in first 4 years.
Partners Participation Interest
Apprentice Investments (Pty) Ltd. 90%*

* 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 103 of 15% interest.

data Snapshot

Location Waterberg Basin, NE Namibia
Area 5860 km2
Grant Date TBD
Licence Term 5 years + 2 renewal terms of 2 years
Magnetics 20,000 km2 available
2D/3D Seismic NIL
Nearby Wells