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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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