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


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

Monitor is pleased to welcome
88 Energy into its Owambo License

Moving Forward into First Renewal Exploration Period

Monitor is pleased to announce that the Minister of Mines and Energy of Namibia Hon. Tom K. Alweendo has approved the First Renewal Exploration Period to October 2025 for our Owambo onshore licence, with a commitment of additional min. 200 km of 2D seismic acquisition with a minimum expenditure of US$ 2 Million for the said period. Upon satisfying results from the seismic work, we potentially aim at drilling two wells in 2025-2026.  

Monitors welcomes New Partner 88 Energy

To assist us in the next stages of our work, we have entered into a Farm- out Agreement with 88 Energy Ltd, joining as a direct licence interest holder in stages. The basis of the Farm-out is described in the announcement on the Alternative Investment Market and Australian Stock Exchange made this morning.

88 Energy’s announcement from November 13th, 2023 here.

Prospective Recoverable Resources​


Investor Snapshot

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

Next Exploration Opportunity:

Nama Basin

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