Galp, Namibia and Mopane

Galp's new well in Namibia's Mopane finds more oil, shares rise
Portuguese oil company Galp said on Tuesday it had found significant presence of light oil and gas condensate in a fifth well in Namibia's Mopane field, opening up new exploration opportunities that are sending its shares sharply higher.
Galp finds additional oil and gas in Namibia’s Mopane field
The Mopane-3X well is located in the south-east of the Mopane complex at a water depth of approximately 1,200m.
Galp's Mopane 3X Well Yields Positive Results Off Namibia's Coast
Galp Energia SGPS SA GLPEY, a Portuguese oil and gas firm, has announced another successful discovery of oil and gas in the Orange Basin offshore Namibia. The company has encountered oil while drilling the Mopane 3X well in the Petroleum Exploration License 83 (PEL 83) area.
Galp makes new Namibia discovery — could be a ‘huge hit’ says source
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Galp Shares Jump On Positive Results From Namibia's Offshore Well
Galp shares rose after the Portuguese oil-and-gas producer reported positive initial results from a well in Namibia, which it said unlock more exploration opportunities in the region. Shares were 6.4% higher at 15.90 euros in early European trade Tuesday.
Galp Energia surges after making new oil and gas discovery offshore Namibia
Galp Energia (OTCPK:GLPEF) (OTCPK:GLPEY) +7.2% in European trading Tuesday after saying it made a significant discovery of oil and gas condensate at its Mopane-3X exploration well offshore Namibia, opening up at least two new geological plays in the Orange Basin.
Galp Makes Another Oil and Gas Discovery Offshore Namibia
Galp has announced a new significant light oil and gas-condensate discovery offshore Namibia, further solidifying the region's status as a major exploration hotspot.
Galp Energia makes new discovery at Mopane-3X well
Portuguese energy firm Galp Energia revealed on Tuesday that it has made a new discovery at its Mopane-3X well off the coast of Namibia.
New oil discovery at Mopane-3X cements Namibia’s Orange Basin credentials
Staff Reporter A significant new oil and gas has been discovered at the Mopane-3X well in Namibia’s Orange Basin, operated by a subsidiary of Portugal’s Galp Energia, with its Namibian partners Custos and Namcor,
Citi Sticks to Their Buy Rating for GALP Energia SGPS (0B67)
In a report released today, Kate O’Sullivan from Citi maintained a Buy rating on GALP Energia SGPS (0B67 – Research Report), with a price ...
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Portugal secures EIB funding to advance biofuels, green hydrogen production
BAKU, Azerbaijan, February 28. The European Investment Bank (EIB) has approved a 430 million euro loan to finance two key ...
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Galp expects results from latest Namibia probe 'really soon'
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PEL 83 Second Campaign – Update 5 Additional Discoveries at Mopane 3-X
Mopane-3X, located 18km from the Mopane-1X well, targeted two stacked prospects, AVO-10 and AVO- 13, as well as a deeper sand ...