Could This Be The Most Promising Oil Play Of The Decade?
) acquisition of the rights to Namibia’s giant, 6.3-million-acre Kavango Basin, which was followed in short order by two confirmations of an active petroleum system. It’s captured our attention for several reasons; not the least of which is that onshore discoveries are pretty much a thing of the past, except in the final frontier of Africa, where Namibia—which has never produced a barrel in its history—is anxiously awaiting the possibility of its day in the energy spotlight. It’s also captured our attention because this is a junior explorer who is sitting on what we think is a super...
Source: oilprice.com