Serica Energy received notice that its farm out partner, BP, based on a portfolio review, decided not to exercise the option to increase its interest in Luderitz Basin license 0047, offshore Namibia. The option, which expires December 31, obligated BP to drill a well on the license before the end of 2015. Under the terms […]

Namibia has another spud planned for next year as Repsol and its partners on PEL0010 (blocks 1910A, 1911, and 2011A) plan to drop the drillbit. Repsol, Tower Resources, and Arcadia Expro (Namibia) Ltd. will drill their first well on the acreage in early-2014. A senior official at NAMCOR, Manfriedt Muundjua, said on the sidelines of […]