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

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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

Damara fold play now recognised by Recon

Feb. 20, 2023: ReconAfrica have now recognised the very significant potential of the Damara fold play, which manifests in our acreage as the southern thrust belt.

While their description of structures of 5 km across and 40 km long is smaller than Monitor’s AOI 00, which we estimate to be 11 km x 60 km, the anticipated reservoirs and other elements of the petroleum system are identical.

Reservoir quality and source maturity are likely to improve as we move from Recon’s acreage to Monitor’s where no intrusions have been identified.

NEWS

Investor Snapshot

Monitor MEL Opportunity to invest in worlds most exciting petroleum province
Monitor MEL work completed and future steps
Damara fold play now recognised by Recon

ReconAfrica have now recognised the very significant potential of the Damara fold play, which manifests in our acreage as the southern thrust belt.  While their description of structures of 5 km across and 40 km long is smaller than our AOI 00, which we estimate to be 11 km x 60 km, the anticipated reservoirs and other elements of the petroleum system are identical.  Reservoir…

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Robin Sutherland

Monitor’s Senior Technical Advisor Robin Sutherland has been appointed a Non-Executive Director at Invictus Energy, an independent upstream oil and gas company currently focused in Zimbabwe. Robin will continue his valuable work at Monitor as before, leading our exploration efforts in Africa. We wish Robin all the best with his role at Invictus.  

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Recon announces first results on Makandina 8-2 well

Recon’s latest announcement from Nov 9, 2022, regarding the results of the Makandina 8-2 well, including predominantly gaseous hydrocarbons seen in the well, clearly reinforce the thesis that the oil found in their first two wells was not sourced from the relatively small Karoo Rift Basin in this eastern area but from the deeper Owambo…

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Environmental Clearance Certificate (ECC) is now issued

On 15 September 2022 the Environmental Commissioner at the Ministry of Mines and Energy of Namibia has signed the Environmental Clearance Certificate (ECC). The ECC is the ultimate Government document which authorises the application of the already deposited and approved Environmental Impact Assessment (EIA) and the Environmental Management Plan (EMP) to run a 2D seismic…

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Monitor to speak at the AOW next month

Also this year, Monitor is present at the Africa Oil Week held in Capetown, South Africa. Our company is grateful for this opportunity.  Robin Sutherland will speak on October 6th – Thursday – at 12:00 am during the Prospect Forum. We look forward to meeting many senior delegates    there, representatives of Governments and companies across the world,…

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Initial Exploration Period extended

Today, Just 14th, 2022 the Ministry of Mines and Energy has positively assessed our timely request to extend the duration of our Initial Exploration Period, as the Covid-19 pandemic has significantly limited our ability to execute our business plan during the last two years. Monitor has been granted a 12-month extension. Now the Initial Exploration…

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Monitor eagerly awaiting Recon’s 8-2 result

Monitor Exploration eagerly await news of the latest ReconAfrica well, where we see a reasonable chance of a discovery at this location in the Karoo rift. We anticipate good quality basal sands in the rift with access to oil charge from the main Owambo Basin and that seal quality will improve in this central rift…

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