Project Profile
Value: US$250 Million
Prospective reserves: 396 cbm
Start-up year: 2015
Kunene gas field is located in block 1711 the northernmost offshore block in Namibia.
Kunene-1 well was spud on April 9, 2008 in water depth 772m and TD 5,050m. The well found a working petroleum system.
Operators:
EnerGulf Resources Inc.: Interim Operator with 15% interest (with a possible additional 4%)
NAMCOR (National Petroleum Corporation of Namibia): 10% carried interest (until production reached)
Gazania 148 Investments: 75% interest