Namibia: Tullow to drill on PEL 37 in 2018

The joint venture partners in the Tullow Oil-operated PEL 37 have agreed to drill a well on the Cormorant prospect with a target spud date in September 2018. Partner Africa Energy Corporation said the Cormorant prospect was located in the Walvis Basin in a water depth of 550 metres. The prospect is one in a series of extensive base-of-slope turbidite fan prospects, which directly overlie an Aptian source rock recently proven by the nearby Murombe-1 and Wingat-1 wells.