WIRE — Rhino Resources has completed drilling a well in the Orange Basin after confirming that there is oil-bearing rock. Rhino operates the petroleum exploration licence 85, which is located between the Shell and Mopane oil discoveries. The National Petroleum Corporation of Namibia (Namcor) is a partner in the licence, owning 10%. The Capricornus-1A well was drilled The post Appraisal well confirming oil completed in Orange Basin appeared first on The Namibian.
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