Namibia: 2912 & 2913b

Impact’s Namibia assets cover 16,000km2 in a location 300km southern offshore Namibia, immediately adjacent to the South Africa maritime boundary, in 3,000-3,900m of water.

 

The acreage lies along the western toe of the Orange River delta, where laterally extensive, large Cretaceous basin-floor fan sands are contained.

Block 2913b is located 150km west of the Kudu Gas field, recent exploration wells along the outer fringes of the Orange Basin and the results from Impacts 2017 acquisition of 1,900sqKm 3D seismic, have demonstrated that there exists a rich, oil prospective zone running through the block. The Company is now exploring the potential extent of this prospective trend extending into block 2912.

Block 2912:

Acreage:  7,933 km2
Farm-in agreement with Total E&P Namibia B.V. in February 2019

Allocation of Interest
Total E&P Namibia B.V. 66.11% (Operator)
Impact Oil and Gas Ltd 18.89%
NAMCOR 15%

Block 2913b:

Acreage:  8,215 km2
Farm-out agreement with Total E&P Namibia B.V. in September 2017

Allocation of Interest
Total E&P Namibia B.V. 70% (Operator)
Impact Oil and Gas Ltd 20%
NAMCOR 10%