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

Commencement of Airborne Geophysical Survey over PEL 93

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  • To further de-risk the most promising targets, we have initiated a high-resolution airborne gravity, magnetic, and radiometric survey across PEL 93.
  • Acquisition commenced on 8 February, and it is expected to run for approximately 3 weeks.  
  • The program will cover approximately 6,000 line-km.
  • Results expected in March 2026 to support the selection of drilling locations mid-2026.

PROMISING SIGNS FOR OIL AND GAS EXPLORATION AS

KAVANGO WEST 1X

DRILLING UPDATE BECOMES AVAILABLE


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 Commences Airborne Geophysical Survey over PEL 93

Windhoek, Namibia – 11 Feb 2026 – As previously announced, Monitor Exploration and its joint venture partners have progressed to the next phase of exploration following the successful 2024 2D seismic campaign, which confirmed 11 structural leads with multi-billion-barrel hydrocarbon potential. To further de-risk the most promising targets, the JV has initiated a high-resolution airborne gravity,…

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Monitor Comments on ReconAfrica’s Positive Drilling Results and Implications for PEL 93

Windhoek, Namibia – 4 Dec 2025 – Monitor Exploration Limited (“Monitor” or “MEL”), Operator of PEL 93 in the Owambo Basin, onshore Namibia, congratulates Recon Africa on the successful drilling results from the Kavango West 1X well (KW1X) in PEL 73, located approximately 200 km east of Monitor’s PEL 93.    The confirmation of significant hydrocarbon pay and extensive…

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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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