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Custos sells PEL 90 stake to Chevron for US$11m

Custos Energy (Pty) Ltd has announced that Trago Energy (Pty) Ltd, a wholly-owned subsidiary of Custos, has entered into an agreement with Harmattan Energy Limited, a Chevron Corporation affiliate, which provides for the transfer of Trago’s 10% participating interest in Petroleum Exploration License 90 to Chevron.

Windhoek ObserverBy Staff Writer5 Oct 2026, 04:40 am
Custos sells PEL 90 stake to Chevron for US$11m

Custos Energy (Pty) Ltd has announced that Trago Energy (Pty) Ltd, a wholly-owned subsidiary of Custos, has entered into an agreement with Harmattan Energy Limited, a Chevron Corporation affiliate, which provides for the transfer of Trago’s 10% participating interest in Petroleum Exploration License 90 to Chevron.

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Originally published by Windhoek Observer on 5 Oct 2026, 04:40 am. View original article
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