(IN BRIEF) Eni has confirmed the preliminary findings of the Capricornus 1-X well, drilled in Namibia’s Orange Basin under PEL85 by operator Rhino Resources. The well encountered 38 meters of net pay in the Lower Cretaceous with strong reservoir characteristics … Read the full press release →
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Azule Energy, BP, Capricornus 1-X, Eni, hydrocarbon discovery, Korres Investments, light oil 37 API, Lower Cretaceous oil discovery, NAMCOR, Namibia Orange Basin, Namibian offshore exploration, Noble Venturer drillship, oil flow test, partnership, PEL85, petroleum exploration Namibia, Rhino Resources, sustainability, wireline logging
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