Back to today’s briefing

Story perspectives

Custos Energy Strikes Major Oil Discovery Off Namibia

2/26/2025

43 4

Summary

Story summary

Custos Energy has made waves with a remarkable oil discovery off Namibia's coast, striking gold with the Mopane-3X well. This fifth well under Petroleum Exploration Licence 83 reveals promising deposits of light oil and gas condensate, igniting excitement for future exploration in the Mopane complex, bolstered by advanced 3D seismic surveys.

1 of 1

Story summary

Custos Energy has made waves with a remarkable oil discovery off Namibia's coast, striking gold with the Mopane-3X well. This fifth well under Petroleum Exploration Licence 83 reveals promising deposits of light oil and gas condensate, igniting excitement for future exploration in the Mopane complex, bolstered by advanced 3D seismic surveys.