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flag BW Energy finds hydrocarbons in multiple zones offshore Namibia, signaling potential for commercial reserves.

flag BW Energy reports promising preliminary results from its Kharas-1 appraisal well offshore Namibia, indicating hydrocarbons in multiple intervals, with the K1 zone potentially containing wetter hydrocarbons. flag The well, drilled in the Kudu license, revealed a hydrocarbon migration front and evidence of a functioning petroleum system. flag Wireline testing is ongoing to assess reservoir quality, fluid type, and pressure, with a follow-up campaign planned to evaluate targets in detail. flag The findings support Namibia’s growing status as an exploration hotspot, building on prior discoveries by companies like TotalEnergies and Shell.

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