- Joined
- Jun 14, 2015
- Messages
- 7,436
- Reaction score
- 19,331
- Location
- Shreveport, Louisiana
- Media
- 269
- Articles
- 5
- Member of
- NRA, DSC
- Hunted
- Nam, Zam, Zim,RSA (Eastern Cape & NW), Canada, NZ, Alaska, TX, LA, MO, OH, MT, ID, WA, WY
LISBON, April 21 (Reuters) - Portuguese oil company Galp Energia (GALP.LS), opens new tab said on Sunday it had concluded the first phase of exploration in the Mopane field off the coast of Namibia and estimated it could have at least 10 billion barrels of oil.
Galp said it conducted testing operations at the Mopane-1X well in January and the Mopane-2X well in March. In both wells, which are 8 kilometres apart, it said "significant light oil columns were discovered in high-quality reservoir sands".
