Impact Oil & Gas has confirmed the discovery of black oil at the Tamboti-1X exploration well in Block 2913B (PEL 56), offshore Namibia.
The well was safely and successfully drilled to a total depth of 6,450 meters using the Deepsea Mira semi-submersible drilling rig.
The Tamboti-1X well is located approximately 12km northeast of the Mangetti-1X well and 25km north-northwest of the Venus-2A well.
According to Impact Oil & Gas, the well encountered 85 meters of net reservoir within lower-quality Upper Cretaceous sandstones of the Mangetti fan system.
A drill stem test (DST) program has been completed, and log, core, and DST data are now under analysis.
“With further analysis of the Tamboti-1X results underway, the outcome of this well within the northern region of Block 2913B highlights the potential of Namibia’s deep offshore play,” said Impact Oil & Gas Chief Executive Officer Siraj Ahmed.
Building on this discovery, the company has commenced drilling at the Marula-1X exploration well, targeting Albian-aged sandstones in the Marula fan complex. Roger Tucker, President and CEO of Africa Oil Corp., which has an investment in Impact Oil & Gas, expressed confidence in the project’s trajectory.
“The Venus project is progressing well, and we are very encouraged by the operator’s public statements on the commerciality and quality of this field,” Tucker said. He also reiterated the company’s commitment to further exploration, citing the ongoing Marula-1X drilling and the planned Olympe-1X well.
“Through our recent strategic initiatives, we have retained the upside to these assets at no upfront cost, with all of Impact’s share of development and exploration expenditures on the two blocks being covered by TotalEnergies until first commercial production from Venus,” he added.
The joint venture behind the project includes TotalEnergies (40%), QatarEnergy (30%), Impact Oil & Gas (20%), and state-owned NAMCOR (10%). The consortium also plans to drill the Olympe prospect in Block 2912 by the end of 2025.
The Venus Field is expected to be the first production area in Block 2913B, targeting an output of 150,000 barrels per day of ~45° API oil. A final investment decision is anticipated in the first half of 2026.
Impact Oil & Gas holds a 9.5% interest in each of Blocks 2912 and 2913B. Africa Oil currently has a shareholding of approximately 39.5% in Impact, equating to an effective economic interest of around 3.8% in the two blocks.
