Monitor Exploration has commenced the Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP), engaging Risk-Based Solutions (RBS) of Dr. Sindila Mwiya and his team. Upon completion, a clearance certificate will be granted, mandatory for onshore Namibia for conventional seismic operations over PEL 93.
Monitor expect to obtain this authorisation by May-June 2022, and schedule to proceed with the seismic operations immediately after.
The Company's objective is to cover all three AOIs identified successfully within their licence. This is help understand the nature of the trends on the Gravity and other data. From practical point of view, the terrain allows for operations along roads and fences as well as into the land, if deemed necessary, with minimal impact to the surroundings.
Currently, AOI 02 has demonstrated the most significant potential for hydrocarbon, after integration of various data, including a few very well positioned existing seismic lines. However, if the lines over AOI 01 show signs of a potential structure, then Monitor could plan further lines to firm that up to drillable status. It is the Company's objective to take advantage of rapid seismic processing turnaround to plan additional lines based on the results of the initial plan.
Map source: Monitor Exploration
KeyFacts Energy: Monitor Exploration Namibia country profile