Global Petroleum Share Discussion Threads

[emptyend] 02/6/2020 07:20

....ermmm.....no.....it was a transfer. Nothing passed through the market and there was no position change.

[jimarilo] 30/5/2020 09:32

Back to stage one lock down in Walvis Bay



The potential for the above to happen in more highly populated countries like Britain is much greater. If we drop our guard or get sloppy we will be taking backward steps

[jimarilo] 28/5/2020 12:36

Apparently the West Gemini will be on stand by to cover the Venus well. I guess with the delays in Angola with the commencement of the block 48 well and a two well option the Voyager will be up against it time wise. The WG is already on a long term contract with Total

[jimarilo] 27/5/2020 10:51

Total targets Namibia seismic shoot near Venus wildcat site



Maersk from their webcast are renegotiating the contract for the Voyager with Total for the Angola and Namibian wells

[squibno1] 27/5/2020 09:42

More Namibian activity -


Reconnaissance Energy Africa (ReconAfrica), a junior oil and gas company engaged in the development of the newly discovered Kavango Sedimentary Basin, in northeast Namibia, announced that, with the Namibian government's guidance that further easing of COVID-19 restrictions could come as soon as June 1, and the anticipation that Namibian and international restrictions will be lifted during the summer, ReconAfrica is continuing its operational planning for the drilling of its first well in Namibia in the fourth quarter of 2020.

[jimarilo] 27/5/2020 07:21

Maersk webcast later this morning should provide an update on Voyager

[jimarilo] 22/5/2020 11:02

Now thats not something you see every day on GBP.. 1.5m transfer

[jimarilo] 21/5/2020 00:07

Recruitment ad 6hrs ago for Namibians and S/African only various vessels in Namibia starting soon

The main crew will already be with the rigs

[jimarilo] 20/5/2020 00:37

Recon due to drill an initial three wells in the second half of the year onshore

[jimarilo] 18/5/2020 12:49

Deepwater is where it's at in Namibia since the new concept was realised when Total drilled the Brulpadda well offshore S/Africa, which confirmed the Aptian source rock extends from Angola all the way to S/Africa, which means through Namibia as well.

The diagram below explains the concept of the Aptian regional seal and shows the Welwitschia well miles short of the Aptian shale seal.

[jimarilo] 18/5/2020 09:07

There are very positive and encouraging signs when we talk about the hydrocarbons sector. We have had a couple of investors that are keen on entering the market and potentially finding something,” said Hon. Tom Alweendo, Namibia’s Minister of Mines and Energy during a webinar hosted by the African Energy Chamber

Although Namibia is largely a consuming country, it hopes to grow its upstream industry, improve energy security through diversifying its energy mix. In achieving this, the country is looking forward to collaborating with the private sector to review its policies in order to attracter further investment.

[jimarilo] 14/5/2020 21:07

Forgot to say, not only Exxon, but Galp were not mentioned in todays webinar either

[jimarilo] 14/5/2020 15:36

Just finished watching the Frontier webinar, Total, M&P, Shell all still looking to drill. Seems wells for this year look to be moving to next year. Probably those in late 2020 I expect to move to Q1 2021. However Keith Hill still looking for Total's Venus well between August and November, delays are all lock down related (outside Namibia)

Gil again said Eco are looking to bring in a new partner. He said there are existing Namibian players interested and new players yet to take a position in Namibia. Same could be said for GBP imo

There was a question relating to the regional seal and it's importance, Keith Hill said wells that found reservoirs below this seal, all made discoveries. Daniel from Azinam said they haven't look at this in their blocks (sorry, but don't believe you Daniel ;-))

Global were mentioned in a list of early players in Namibia by Gil, but no other mention. The elephant in the room was Exxon, not one of the panel mentioned Exxon and no mention from Azinam regarding funding

Maggy Shino talked of being flexible in the current climate, which I took to mean any time being lost of life of licence would not be an issue
This was a good webinar and one designed for retail investors rather than the industry, so nothing new to take away as such, but seems Namibia very much still in play, deals still to be concluded and up coming wells in the pipe
Still very positive, the potential is still there

Edit: Keith also said companies currently planning wells are all targeting deeper plays (ie: through the regional seal)

[jimarilo] 14/5/2020 09:53

Gil Holzman in this free webinar in 10 mins

[jimarilo] 14/5/2020 08:30

News from Impact regarding new Chairman

Johnny Copelyn, Chairman-designate of Impact commented:
“I am delighted to succeed Mike as Chairman of Impact, a company with an attractive asset base, and
an exciting 2020 work programme, which includes the drilling of the highly anticipated Total-operated Venus-1 exploration well in Namibia expected to spud later this year.

“I am looking forward to working with the team to deliver the full potential of Impact’s assets.”



Impact are partners with Total on Venus 1, this looks promising

[jimarilo] 13/5/2020 08:46

Frontier Energy

80+ companies will be joining us on Thursday at 2:00 BST for Namibia's Oil & Gas Future for a unique opportunity to hear from Maggy Shino, Petroleum Commissioner, Ministry of Mines & Energy, Namibia and key exploration players in-country Keith Hill, President, Africa Oil Corp., Daniel McKeown, Managing Director, Azinam and Gil Holzman, President & CEO of Eco Atlantic to discuss Namibia's oil and gas exploration aspirations at this key stage in the country's exploration time-line.

Discussion points will focus on:

+ The Ministry's response to COVID-19
+ The anticipated Venus-1 well; timeline and expectations
+ Namibia's reaction to the change in environment
+ Namibia's historical drilling density
+ Namibia's operating environment and fiscal regime
+ Opportunities and challenges going forward

Followed by an interactive audience-led Q&A.

[jimarilo] 13/5/2020 08:04

Global mentioned here, there is another up coming webinar on Friday

As international oil companies farmed-down their interests in Namibia’s offshore, a series of leading independents came in and invested, raising hopes to see world class disocveries in the near future. These notably include Chariot Oil & Gas, Tullow Oil, Africa Energy Corp, AziNam, BW Energy, Chariot Oil & Gas, Eco Atlantic Oil & Gas, Global Petroleum, Impact Oil & Gas, Maurel & Prom and Tower Resources.

[jimarilo] 13/5/2020 02:09

Interesting what you find on tinternet

Shafa Kaulinge country manager for Global Petroleum in Namibia as of September 2018



Previously before Global Shafa Kaulinge:
The son of the Namibian minister of home affairs, Pendukeni Iivula-Ithana, Kaulinge has business ­interests in the petroleum exploration industry.
His company, Amis Energy, is a partner of Pan African Oil, which holds three oil exploration licences in Namibia. Kaulinge is the country manager of Pan African Oil. As such, he is a beneficiary of government-issued licences.


September 20, 2018
Oil firm Eco Atlantic has acquired the remaining 10% of the shares of Pan Africa Oil Namibia Ltd (“PAO Namibia”) from Amis Oil and Gas Ltd (“Amis”). Following completion of the acquisition, PAO Namibia will be a wholly owned subsidiary of Eco Atlantic (PEL50)


This guy seems pretty well connected

[jimarilo] 12/5/2020 13:50

Has anyone registered for the Frontier webinar on Thursday ?

Certainly topical discussions will include the recent Namcor, GBP farm out deal. It's the first time the State oil company has negotiated a free carry deal to first oil, the idea of first oil would require a wider deal to be unfurled, for the Namcor deal to make any kind of sense

I registered earlier, hopefully there will be note worthy comments

[jimarilo] 11/5/2020 10:34

Strange also that Namcor have just recently replaced the old website



The NVentures link posted recently showed 12 wells in Namibia for in 2020 and a further 4-6 the following year, obviously 2020 is being shifted back, but it shows there is much going on in the back ground still, possibly in transition