|Maurel & Prom
PEL 44 (Block 2212B) in the Walvis Basin, covers an area of 5722km2 and lies in water depths ranging from 500m-2500m. The block is located approximately 40km south of the Wingat & Murombe wells drilled in PEL 23(now PEL82). This block is covered by a total of 3,150km2 high-quality 3D Geostreamer seismic data and 1780km of 2D seismic data. Galp acquired 986km² 3D seismic courtesy data over PEL 44 in 2018, this data is being given to the PEL 44 partnership at no cost.
The main targets in PEL 44 are several significant compactional structural leads formed by slope channels at the Cenomanian-Coniacian level. These typically cover an area between 50-60km2 and often overlie larger Albian closures with good evidence for sand presence below. Large stratigraphic upside also exists within the licence as the large Cenomanian-Coniacian channel systems terminate and shales out against the shelf edge to the east. Third party CPR estimates of the two main identified prospects in the licences hold in excess of 2Bnboe Gross Resources with follow on potential.