The Owamba basin based on reports may have more oil a than the biggest field in the United States. This could be truly mega huge.
"We are eager to begin this phase of our work program as the operator's previous field analysis indicates the potential existence of an active petroleum system in the Owambo Basin with an estimated resource potential of more than a billion barrels of oil. This is an important prerequisite toward successfully exploring this large concession and taking the next step toward a seismic acquisition program."
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