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Stamper Oil & Gas partner seeks 12-month extension for Namibia’s PEL 106 exploration licence

PUBT·10/26/2026 11:08:13
Stamper Oil & Gas partner seeks 12-month extension for Namibia’s PEL 106 exploration licence
  • Stamper Oil & Gas partners have applied for exploration license extensions or renewals across three offshore Namibian licenses, pending regulatory approval.
  • PEL 106’s operator seeks a 12-month extension for technical evaluation, including additional 3D seismic acquisition; Stamper holds a 5% carried interest.
  • Applications for PEL 98 and PEL 102 seek extensions or first renewals; carried interests are 5% and 20%, respectively.
  • The company is pursuing farm-out transactions to attract expertise and capital for future exploration.
  • Chevron expects to drill Nabba-1X before year-end 2026, adjacent to PEL 107, where Stamper holds a 32.9% indirect working interest.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stamper Oil & Gas Corp. published the original content used to generate this news brief via CNW (Ref. ID: 202610260700CANADANWCANADAPR_C3415) on October 26, 2026, and is solely responsible for the information contained therein.