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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Risked value
US $ 333 Million

The risked value of discovery EMV
US$ 333 Mln


Unrisked value
US$ 2 Billion

The estimated unrisked value
US$ 2 Billion


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

Recon’s Operational update confirms Monitor’s potential

Apr.5, 2023:  The recent Operational update from Recon Africa on April 3, 2023, confirms the very significant potential of the Owambo Basin, where their wells have proven a working petroleum system in the deeper Owambo play.

This play is the primary focus of exploration in our PEL93, some 100kms to the West, with the 144sqkm structure interpreted in our AOI 00 being in the same fold belt environment as the similarly large anticlines mapped by Recon.

With Recon planning to test one of these anticlines imminently, Monitor is ideally positioned to benefit from the results of their play opening well.

Investor Snapshot

Monitor MEL Opportunity to invest in worlds most exciting petroleum province
Monitor MEL work completed and future steps

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