PEL 105 · ONSHORE NAMIBIA

Advancing PEL 105 in Namibia.

Exito Energy Resources is advancing a large onshore exploration position through integrated geoscience, phased technical work and aligned strategic partnerships.
Explore PEL 105
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PEL 105 at a Glance

A large onshore exploration licence in Namibia’s Owambo Basin, advanced through staged, technically disciplined work. 

~ 0 km²
Licence Area
Blocks 1718 & 1818
Onshore Owambo Basin, Namibia
3 October 2022
Licence Issue Date
Initial Exploration Period
Current Licence Stage

Who We Work With 

Strategic &
Financial Partners

  • Farm-in and equity partnership opportunities;
  • Staged capital deployment aligned to technical maturity;
See Partnership

Technical &
Service Partners

  • Collaboration on integrated geoscience studies;
  • Technical advisory and neighbouring licence alignment;
See PEL 105

Namibian Stakeholders & Institutions

  • Carried interests supporting national participation (NAMCOR 10%, local shareholder 5%);
  • Local content and community engagement commitments;
See Sustainability
Exito Energy
— PEL 105 Namibia
Onshore Exploration · Owambo Basin
Our Strategic Pillars
How Exito advances PEL 105.
1.

High-Grade the Asset

Integrate existing and new geoscience to refine areas of interest, improve prospect definition and guide capital allocation.

2.

Progress the Work Programme

Advance the technical work required under PEL 105 in a phased and commercially sensible manner, including seismic acquisition and future drilling when justified.
3.

Build Aligned Partnerships

Engage technical, strategic and financial partners whose capability and investment appetite fit the opportunity and work programme.
4.

Protect Long-Term Credibility

Maintain responsible communication, regulatory discipline and transparent stakeholder engagement throughout the exploration journey.
Why Trust Exito

Six principles that guide how we evaluate, execute and communicate every stage of exploration. 

Technical Integrity

  • We allow evidence, data and disciplined interpretation to guide our decisions.

Capital Discipline

  • We sequence work programmes carefully, matching expenditure to technical maturity.

Responsible Exploration

  • We conduct exploration with attention to regulatory, environmental and community obligations.

Partnership

  • We value partners who bring complementary capability and a shared long-term commitment.

Transparency

  • We communicate clearly on work programme requirements, uncertainty and next steps.

Execution Focus

  • We move from opportunity to action through defined milestones and accountable delivery.
~ 0 km²
Licence Area
Blocks 1718 & 1818
Onshore Owambo Basin, Namibia
3 October 2022
Licence Issue Date
Initial Exploration Period
Current Licence Stage
Partners & Stakeholders

Advancing PEL 105 through disciplined partnership, national alignment and shared long-term commitment.

See Full Partnership Approach
Exito Energy

Ready to explore the next phase of PEL 105?

Explore PEL 105

Exito Energy Resources welcomes engagement with aligned strategic and financial partners interested in advancing PEL 105 in Namibia’s Owambo Basin.

Our approach is grounded in technical discipline, transparent communication and a shared commitment to responsible, long-term exploration.

Whether you bring capital, technical capability or regional expertise, we’re ready to discuss how we can move this opportunity forward together.