Galp Provides Namibia PEL 83 Drilling Update

Wednesday, January 3, 2024

Galp (operator, 80%) and its partners NAMCOR and Custos (10% each) initiated the drilling campaign in PEL 83, offshore Namibia, on November 17, 2023. The first well, Mopane-1X, indicates preliminary signs of hydrocarbon presence.

Drilling and data acquisition campaigns are underway, making any conclusion premature before operations are completed and results assessed.

The semi-submersible rig Hercules arrived in Namibian waters in November under a 115-day contract for two wells, plus optional well testing.

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