Q2/2022:
We are committed.
Environmental Impact Assessment (EIA)
100%
Environmental Management Plan (EMP)
100%
Environmental Clearance Certificate (ECC)
90%
2D seismic acquisition preparations of 576 km lines
6%
Environmental Impact Assessment for seismic operations
The risked value of discovery EMV US$333mm.
The unrisked is ~ US$2 Billion
What is Monitor's potential in just 5 minutes
- Monitor's opportunity in 5 minutes
- 18 November 2021 at Africa Oil Week
- UNMUTE
- 5 min
- Full screen to read the slides
Is There Oil in Southern Africa?
15 min.
Data Integration by MEL Monitor
10 min.
Monitor invites investors to join us in exploring this emerging basin
There has been significant speculation for sometime as to the prospectively of various massive geological basins in Namibia but until now focused mainly offshore.
MEL is fortunate to control a large and highly prospective onshore area in North Namibia, where there is building evidence of a large and very commercial oil and gas opportunity.
Our neighbour ReconAfrica’s announcements strongly support MEL’s exploration strategy as they have proven a working petroleum system and good quality reservoir in the Owambo basin.
MEL is looking for a funding partner to support a $25mln seismic and two well drilling programme in 2022-2023 in exchange for a substantial share of the prize that is potentially available.
The MEL principles are open minded as to the structure that incoming investors may prefer to pursue, including:
✔ Conventional Farm-in arrangement, in exchange for a share of the local license interest
✔ Investment into MEL to support the company in executing the next stage of the exploration and appraisal
✔ Acquisition of or a merger with MEL where the partner company is able to bring human resources to the situation complimentary to that which MEL itself would look to deploy
Our Neighbour Drilled
2 strat wells
Oil and natural gas encountered
450 km new 2D seismic
Petroleum System
The components and processes of
a working petroleum system
are present
MEL enjoys a favourable logistics position
Oshivielo train station is located within our licence. Direct connection to the main port of Walvis Bay, to Windhoek, and South Africa.
TransNamib offers specialised tank wagons for transporting of fuel and petroleum to all main towns and city across Namibia.
Modern Rail from Oshivielo
Walvis Bay
660 km = 410 mi
Windhoek
500 km = 310 mi
Andrew Shrager
- Managing Director
- +44 7802 252722
- andrew.shrager@monitorexploration.com
Christopher Baxter
- Chairman
- +44 7908 049445
- chris.baxter@monitorexploration.com