Chrono
Q1 2022
Commencement of Environmental Impact Assessment (EIA)and Environmental Management Plan (EMP), authorization expected end Q2 2022, and schedule to proceed with 2D seismic operations immediately after.
Q4 2021
Derisked our prospects further by purchasing additional G & G, namely the well data of Etosha 5-1 and ST-1 as well as 750 km of 2D seismic lines to tie to our AOIs.
Q3 2021
Working Petroleum System ReconAfrica announce drilling results proving a working petroleum system in the Owambo basin, significantly de-risking MEL’s acreage.
Q3 2019
Data Integration Report completed by Pioneer and resource estimate numbers are calculated.
Q1 2019
Results from passive seismic spectroscopy and remote sensing are available, and in process of combination with existing data, such as conventional seismic and gas shows for the area.
Q4 2018
Remote Sensing and Passive Seismic surveys carried out
Q4 2018
MEL signs the Petroleum Agreement for blocks 1717 and 1817. PEL 93 is assigned.

Basic Information
Blocks
1717 and 1817
Area
18,500 km2 = 7,227 mi2
Location
Africa onshore
North Namibia
Owambo Basin
Petroleum Agreement
Since October 2018
75% MEL
15% Local partner
10% State oil company
Duration
4 years + 2 year ext + 2 year ext
PEL
93
Currently
Initial Exploration Period 4 years
to end in October 2022
Minimum work program fulfilled
Minimum financial expenditure met