UK-based Chariot Oil & Gas identified five structural prospects on two blocks offshore Namibia and is preparing for a drilling program on this acreage, Offshore Energy Today reported.

Chariot holds a 65% interest and operatorship in Blocks 2312 and 2412A, the Central Blocks, in partnership with AziNam with 20% interest, and NAMCOR and a local partner Ignitus Oil & Gas hold a 10% and 5% carried interest, respectively.

According to Offshore Magazine, in February 2016, the company and its partners had completed the acquisition of a 2,600 square km 3D seismic survey.

This targeted leads identified in the northwestern area of the two Central blocks following a 2D survey the previous year. The 3D data was processed with 3,500 square km of legacy 3D seismic, with both depth migration and inversion products calibrated using results from the nearby Wingat-1 and Murombe-1 wells.

Chariot has identified five new dip-closed structural prospects in Upper Cretaceous deep water turbidite reservoirs, as penetrated in Murombe-1. Hydrocarbon charge appears to come from the proven Aptian marine source rocks identified in both that well and Wingat-1.

On behalf of the partners, Chariot has begun preparations for drilling during the second half of 2018 by conducting an environmental impact assessment of these prospects.

Namibia’s government has granted a one year license extension to Chariot and its partners in the PEL 71 license in the South of Walvis offshore basin.