Rhino Resources Ltd has commenced drilling its third exploration well in Namibia, the Volans-1X, on Petroleum Exploration Licence 85 (PEL 85) in the offshore Orange Basin.
According to the company, the Volans-1X well is designed to enhance the geological understanding of the PEL 85 block.
The well follows two earlier campaigns. The first, Sagittarius-1X, was spudded on 18 December 2024 and reached total depth by 6 February 2025.
It intersected a hydrocarbon-bearing reservoir with no observed water contact, confirming the presence of active petroleum systems in PEL 85.
The second, Capricornus-1X, was drilled in February 2025 and tested light oil at over 11,000 barrels per day, with approximately 38 metres of net pay, minimal gas, and no water contact.
CEO Travis Smithard said: “With the Volans-1X exploration well, Rhino and our partners are strategically advancing our understanding of PEL 85’s potential.”
He added: “We’re proud to emphasise our commitment to local upliftment through the execution of another well in Namibia with all associated construction services and equipment uniquely sourced in-country.
“Our focus remains on safely delivering a third consecutive well, with an emphasis on operational excellence and environmental stewardship.”
