“The Kavango Basin, location of PEL 73, offers both large scale conventional and non-conventional potential petroleum (oil and gas) exploration play types. The implementation of the proposed drilling operations is a vital step in trying to understand the geology, stratigraphy and the petroleum system of the basin. The results from the proposed drilling operations will be used to optimise the geological and petroleum system exploration models and assist in evaluating the possibility of the Kavango Basin as well as the greater Etosha Basin being able to contain potential economically viable hydrocarbon reserves.”

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