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Azule Energy, Rhino Resources Form “Landmark” Offshore Partnership in Namibia’s Prolific Orange Basin

Summary by World Oil
The plan is to drill two high-impact exploration wells as part of a work program in the area, with the first well expected to spud by the end of 2024. The agreement also provides Azule Energy with an option to become the operator of PEL85.
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Pumps Africa broke the news in on Monday, July 14, 2025.
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