Monitor Exploration
Billion-barrel plus potential with 350 mln barrel immediately drillable prospect
Monitor Exploration
Access to the World’s Most Prospective New Exploration Region
Monitor Exploration
Unique exploration approach
Monitor Exploration
Numerous, large potential hydrocarbon bearing structures
Monitor Exploration
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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 station situated within the licence: Oshivielo
Access to cargo port at 500 km: Walvis Bay
Cargo railway passes through the licence to port, capital and towards South Africa
Even a modest discovery will have guaranteed transport and distribution

Commencement of
2D Seismic in Owambo basin

200-line km

2D Seismic

Acquisition

  • Completion of a 2-month scouting, preparations, explosive ordnance clearance, land access granting and community engagements in view of 2D seismic work.
  • Commencement in July 2024 of 2D seismic acquisition program in the Owambo Basin, Namibia
  • Program designed to acquire a minimum of ~200-line km of 2D seismic data, with completion expected in Q3 2024.
  • Acquired seismic data is to be used as part of the validation process for up to 10 independent structural closures identified from airborne gravity and magnetic data.
  • Expected program outcomes include estimation of a maiden Prospective Resource and identification of future potential drilling locations.
  • Imminent commencement of drilling of the first of up to four wells by a nearby operator in the Owambo Basin represents a significant catalyst for understanding the onshore resource potential in Namibia.

Prospective Recoverable Resources​

2023 OIL CASE PROSPECTIVE MEL MONITOR
2023 OIL CASE PROSPECTIVE MEL MONITOR


Investor Snapshot

Next Exploration Opportunity:

Nama Basin

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