Namibia

Jan. 13, 2010
state NAMCOR has been appointed by the Block 1711 Joint Operating Committee as interim operator, succeeding Sintezneftegaz Namibia Ltd.

By OGJ editors
HOUSTON, Jan. 13
– Namibia’s state NAMCOR has been appointed by the Block 1711 Joint Operating Committee as interim operator, succeeding Sintezneftegaz Namibia Ltd.

Sintezneftegaz Namibia has transferred its interest in the 2.2 million acre block to Nakor Investments Ltd., a company affiliated with the Sintezneftegaz/Sintez Group of the Russian Federation.

EnerGulf Resources Inc., Houston, said it anticipates that the geophysics-geology work program required to evaluate Kunene-1 well data and correlate the data to existing 2D and 3D seismic should start soon (OGJ Online, July 23, 2009).

This program will evaluate the Kunene, Hartmann, and other potential prospects on the block to better understand their hydrocarbon and reservoir potential, as well as to determine possible drill locations, said EnerGulf, which has 10% interest in the block.