We have secured four onshore concessions in the Owambo basin and across to the Okavanga basin that have potential premier hydrocarbon system.
Our vision and differentiated approach to exploration has led us to significant success and proven Upper Cretaceous stratigraphic play that is providing our company with the needed focus for future discoveries in this zone.
Stalwart Oil’s Namibia operations has been informed that our major application for offshore concessions 1809 has also been approved with our local partner company and we are now preparing our team of negotiators to conclude our Petroleum Services Agreement negotiations with the Namibian authorities which brings our operations concessions in Namibia to five which positions our company for greater discovery potential in the sub region.
Stalwart Oil’s operations in Namibia’s offshore waters are focused on two concessions in the Namibi and Orange basins. Our Namibi Basin concession is in the deep waters right below the walvis ridge in Namibia and holds petroleum system that has attracted major exploration and drilling companies to the zone. Stalwart Oil and its local Namibian partners successfully completed the negotiations of the PSA with Namcor and we are excited about being approved for block 1809 for exploration and drilling.
Our four onshore concessions in the Owambo basin has major indicators or rich potential premier hydrocarbon system and source rock that our geologist are confident contain massive deposits of commercial quantities of crude oil.
Our Use of Inovative Technologies
With our current strategies using the simple methods of effective partnership and technological identification, we are very well organized in the plans established to allow us to accomplish the execution of our work program in Namibia and in Ghana.
We are growing the confidence of our shareholders in our ability to deliver on our promised for the successful execution of our business plan. We are more poised with our core focus on environmentally secure execution of the work programs for Ghana and Namibia.
Our onshore operation in Namibia in the Owambo basin has focused on the sedimentary outlay of the land and the type of rock formations that cumulate the land mass that we have been awarded to explore. Our team of executives in Namibia is focused on orchestrating the survey on the concessions with our partner company using best practices in the oil and gas sector.
After the successful completion of our 2D and 3D seismic shooting over the four concessions, we will initiate the development of our concessions using the work program that has been approved by Namcor.
Drilling methodologies that affect the ocean floor have been identified by our exploration teams and engineers to help us avoid the use of such partnerships. We have strengthened our core tea with expertise from over 25 years of exploration and drilling operators to help us become a new standard for protective drilling.
Underwater initiatives can cause major marine and aquatic life distortions. We are working with partnerships that take major considerations in the types of technologies that they use in executing our exploration and well development work programs. We are very excited in the process methods that our teams are currently using to define the paths to achieving drilling successes within our secured concessions.
Reviewing technologies that can help improve our production activities both onshore and offshore before completing our well development strategies has led us to identifying the needs that may arise from our current work program development initiatives that we are undertaking as a company in both Ghana and Nigeria. Our engineers have determined that calculating the estimated production and injection rates of oil, gas and water at all key locations in oil and gas production facilities can make the difference between failure and success in complex oil and gas operations. That is where we have focused on attention on identifying the right technological solutions to help us be well structured for an effective exploration and drilling experience that will have all aspects mitigated to guarantee success for Stalwart Oil Industrials Limited.
Why Choose us
We pride ourselves on our historical growth as a company and our determination to build an Oil and Gas company within South Saharan Africa that has the desires of the indigenous people within the countries we operate within at heart. We are the company that focuses on the interest of the people within the countries whose natural resources we explore and develop. We build to serve the communities we benefit financially from during a successful development lifecycle.