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 in advance of making the decision on whether to drill. Encouraging oil plays have been identified in both the PEL30 and PEL37 licences in Namibia.
Tullow plans to drill the high-impact Cormorant prospect in the PEL37 licence in Namibia in the second half of 2018 and preparations for drilling are under way. The well will target light oil and there are a number of similarly-sized follow-up prospects in close proximity.