Tullow has exploration interests in Namibia across two offshore licences.
Exploration & Appraisal
Interpretation of the 3D survey across the PEL30 and PEL37 licences has yielded significant prospectivity in shallow water. In 2016, Tullow focused on interpreting previously acquired seismic surveys to prepare prospects and encouraging oil plays have been identified in both the PEL30 and PEL37 licences in Namibia.
Tullow expects to start drilling the high-impact Cormorant prospect in the PEL37 licence in Namibia in September 2018. The well will target light oil and there are several similarly-sized follow-up prospects nearby. This frontier well will take approximately 30 days to drill and will be drilled by the Ocean Rig Poseidon.