Progress on Our Namibian Exploration Journey

We are pleased to announce the successful completion of our planned 200 km vibroseis 2D seismic acquisition programme in PEL 93 in Namibia.

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This significant milestone was achieved in approximately 35 days by Polaris, with zero lost time incidents and in full compliance with our Environmental Management Plan, a testament to our commitment to safety and sustainability.

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Our efforts were supported by the local communities and landowners, whose cooperation has been instrumental in maintaining the project on schedule and within budget.

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The acquired data has now been passed on to our trusted processing partner Earth Signal, who will analyze the findings and deliver the results in the next 8-10 weeks. We eagerly await these insights, which will guide our next steps in this promising venture.