Tower said “anumber of interested parties” have screened data for the PEL0010 tract, whereit is looking to dispose of a 10% working interest, and expects a deal to beconcluded once the well design and budget for the upcoming Welwitschia-1 probeare finalised with block partners Repsol and Arcadia.
The well inWalvis Bay is targeting risked resources of 496 million barrels of oilequivalent net to Tower’s 30% interest held, held by local subsidiary NeptunePetroleum.
The
