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To: westslope who wrote (1252)	2/27/2013 9:50:08 PM
From: elmatador	Respond to of 2508

With an interior domain across 27 countries, covering one half of the African land mass, and offshore potential fromMorocco to the Cape, the Western Africa oil and gas exploration zone is one of the world's richest and most promising for ventures and new opportunities in the upstream market. The 19th Western Africa Oil, Gas & Energy Conference 2013 will focus on the oil and gas opportunities and potential, both offshore and onshore, in this vast zone. Oil and Gas Exploration Focus on Western Africa WINDHOEK, Namibia, February 5, 2013 /PRNewswire/ -- 19th Western Africa Oil, Gas & Energy Conference 2013, held in Windhoek With an interior domain across 27 countries, covering one half of the African land mass, and offshore potential fromMorocco to the Cape, the Western Africa oil and gas exploration zone is one of the world's richest and most promising for ventures and new opportunities in the upstream market. The 19th Western Africa Oil, Gas & Energy Conference 2013 will focus on the oil and gas opportunities and potential, both offshore and onshore, in this vast zone. The Conference is hosted by Global Pacific & Partners and held from April 22nd until 24th at the Hilton Hotel in Windhoek, Namibia. The meeting will reveal opportunities and business cases for hydrocarbon exploration, discovery and development as well as gas-LNG and energy development. The key focus lies on major players, government opportunities, leading independents, Atlantic basins and gas/LNG markets, and Western Africa's many prospective oil and gas frontiers. "No global player or emerging independent with an international footprint, or even a fast-growing state oil company, can afford to underrate this world-class Western African play," Dr Duncan Clarke , Chairman & CEO of Global Pacific & Partners states. "Western Africa offers a rich suite of technical and corporate options: abundant acreage, acquisitions, bid rounds, new exploration frontiers, a consistent record of oil and gas discoveries, rising oil and gas reserves, attractive contract terms, competitive potential in LNG ventures across several countries, and even large undeveloped resources in heavy oil, oil sands, and emerging shale gas and oil ventures." The Conference is attended by governments, national oil companies, licensing agencies and leading corporate players. The Program highlights presentations about future offshore and onshore potential in numerous countries including inter alia:Equatorial Guinea, Cameroon, Sierra Leone, Mauritania, Sao Tome, Senegal, Guinea Bissau, Namibia and Congo - plus on regional projects and joint development zones, and the West African gas pipeline. Prior to the Conference, the 9th Western Africa Strategy Briefing by Dr. Duncan Clarke is held on April 22nd, and will provide key insights on the region's corporate upstream oil and gas game, government policies and state oil firms' strategies, and bid rounds and open acreage by licensing agencies - with Presentations from Africa's leading oil and gas strategist. More information: petro21.com SOURCE Global Pacific & Partners

To: westslope who wrote (1252)	3/12/2013 3:33:12 PM
From: elmatador	Read Replies (1) \| Respond to of 2508

HRT to start drilling for oil off the Namibian coast The Brazilian listed petroleum exploration firm started raising the more than N$2.7 billion required for exploration two years ago on various stock exchanges 07 Mar 2013 - Story by Fifi Rhodes Article Views (non-unique): 392 WALVIS BAY – HRT has begun drilling in the quest to find conclusive results on whether or not there is oil off the Namibian coast. The Brazilian listed petroleum exploration firm started raising the more than N$2.7 billion required for exploration two years ago on various stock exchanges. Last week the African subsidiary, HRT Africa, took delivery of the leased Transocean Mariana semi-submersible drilling unit. The rig will anchor 220 nautical miles off the coast in the Walvis Basin, where it will drill as deep as 7 000 feet. HRT is the second company to drill for conclusive results, following the drills done by another exploration firm Chariot Oil & Gas, whose results came back empty. The two wells drilled were dry even though earlier seismic data indicated the presence of petroleum. Chariot Oil & Gas has now suspended its drilling activities in Namibian offshore waters until 2014. Chariot Oil & Gas Namibia is partly owned by Namibian petroleum aspirant entrepreneur Heindrich Swapo Ndume through Enigma Oil and Gas. Two years ago HRT announced that it found more than ‘200 oil seeps’ in Namibia’s offshore basin, in deeper water in the Walvis and Orange basins, west of the Kudu gas field. HRT Africa features another Namibian petroleum aspirant entrepreneur Knowledge Katti. HRT however says its faith in the presence of oil in the Walvis and Orange basins is rooted in the fact that the two basins mirror the Santos and Campos basins in Brazil where the biggest crude oil discoveries have been made. Hundreds of millions of years ago Africa and Brazil were one continent, hence the tectonic plates are the same. This has been confirmed by HRT Africa’s exploration survey using 2D seismic data as well as ultra sound technology. “There are known analogues that are similar for petroleum systems found at Santos and Campos basin in Brazil,” Dr Marcio Rocha Mello, chief executive officer for HRT Brazil said melodramatically two years ago. Even though all tests have indicated that there is some sort of activity, there could still be disappointment in that the drilling results could unearth gas fields instead of oil fields. All tests so far indicate that. The only disappointment would be to find gas fields instead of oil fields. “There is definitely not only water down there. It can be gas or oil. But it’s not only water,” Mello had said. HRT was so confident two years ago that the company made a public pledge to give N$10 000 to marine ecosystem preservation by this year – “a dollar for every oil barrel produced,” in apparent reference to the amount of estimated oil reserves. HRT Africa promised N$350 000 a year to marine preservation, by 2020, again a dollar for every oil barrel produced, which gives a production of 350 000 crude oil barrels per annum estimate. HRT has said the presence of Kudu gas is already an indication of oil presence, somewhere along the basins, and uses the example of a child and a mother. “If you find a baby crying you have to look for its mama,” Mello famously uttered with the mother being the oil deposits.