Alerts Sign in
Advertise with Namibia News Now
Back
business

Capricornus-1A confirms oil-bearing reservoir

Staff Reporter RHINO Resources has announced that its Capricornus-1A appraisal well offshore Namibia has confirmed an oil-bearing reservoir connected to the previously discovered Capricornus-1X well, providing further evidence of reservoir continuity and advancing the appraisal of the Capricornus discovery in Petroleum Exploration Licence (PEL) 85. Rhino Resources Namibia Ltd, operator of the PEL 85 Joint ... The post Capricornus-1A confirms oil-bearing reservoir appeared first on Informanté .

Informanté3 Jul 2026, 12:00 am
Capricornus-1A confirms oil-bearing reservoir

Staff Reporter

Advertise with Namibia News Now

RHINO Resources has announced that its Capricornus-1A appraisal well offshore Namibia has confirmed an oil-bearing reservoir connected to the previously discovered Capricornus-1X well, providing further evidence of reservoir continuity and advancing the appraisal of the Capricornus discovery in Petroleum Exploration Licence (PEL) 85.

Rhino Resources Namibia Ltd, operator of the PEL 85 Joint Venture, said the appraisal well was drilled in the eastern section of the Capricornus fairway in Block 2914 in the Orange Basin, offshore Namibia.

Advertise with Namibia News Now
Originally published by Informanté on 3 Jul 2026, 12:00 am. View original article
Advertise with Namibia News Now