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Namibia: Woodside enters option agreement on PEL 87 in the Orange Basin offshore Namibia

Sintana Energy has announced that Woodside has entered into an agreement whereby it has the option to acquire a 56% Participating Interest in Petroleum Exploration License 87 (PEL 87), in consideration for, among other things, paying the full cost for a 3D-seismic survey covering an area of at least 5,000 sq kms at an estimated cost of US$35 million.
Woodside Energy Gom Inc Woodside Energy Group Sintana Energy Interest In Petroleum Exploration Woodside Energy Participating Interest

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