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

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.

NEWS

Investor Snapshot

Monitor MEL Opportunity to invest in worlds most exciting petroleum province
Monitor MEL work completed and future steps
We are in London May 16-18 at the Africa Energies Summit

Also this year, Monitor will attend the Africa Energies Summit held in London, May 16-18, 2023. Robin Sutherland, our Senior Technical Advisor, will represent Monitor Exploration at the conference. We endorse the summit as it manages to create an international stage for Africa’s energy industry and promote African energy potential and opportunities. The spirit of…

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Monitor actively promotes career development of young Namibians

As part of our corporate engagement to promote the career development of young Namibian professionals, Monitor continues to financially support individual training and courses upon request. This month, April 2023, Monitor provided the necessary funds for a Namibian female student to pursue a petrochemical training program of her choice at Nosa Samtrac and covered her…

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Recon’s Operational update confirms Monitor’s potential

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…

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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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