Nearby finds brighten outlook for Equatorial Guinea and Namibia

Richard Bray, Steve Lawrence Exploration Consultants Ltd. Henley-on-Thames, U.K. Equatorial Guinea and Namibia are situated on the northern and southern ends of the West African deepwater play fairway. Between them lie the prolific petroleum provinces of offshore Gabon, Cabinda, Congo, and northern Angola (Fig. 1 [169,872 bytes]). The Atlantic margins of Equatorial Guinea and Namibia share a common geological setting and tectono-stratigraphic evolution with these provinces, leading to an expectation that they may also hold the ingredients required for deepwater hydrocarbon accumulations. Namibia and Equatorial Guinea are offering deepwater acreage in licen...

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