Wittmeier is the only public company that offers investors a chance to play multiple value creation scenarios in some of the world’s most prolific oil & gas regions.
A portfolio of substantial resource opportunities diversified by geography, geology, operator, basin, play type and contractual structure – predominantly carried (no short term capital required from Wittmeier) through near-term exploration, appraisal and development. We provide unique and strategic exposure to both offshore and onshore projects in Namibia, an emerging world class hydrocarbon province and VMM-37 which is located in Colombia’s prolific Middle Magdalena Basin.
The Right Opportunity
Wittmeier Oil & Gas Engineering has a portfolio of substantial resource opportunities diversified by geography, geology, basin and play types. Our preferred structure is to partner with major operators whereby the company is carried (no short term capital required from Wittmeier Oil & Gas Engineering) through near-term exploration, appraisal and development.
World Class Operators in Namibia
Interests in Significant Acreage Position
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Acres
The Right Place
Wittmeier Oil & Gas Engineering has exposure to both onshore and offshore Namibia exploration activity including recent exploration success with the discovery of 10 billion barrels or more of oil in-place on one of our blocks in the Orange Basin. Offshore Namibia is emerging as the world’s next great hydrocarbon province.
In Colombia, the unconventional play at Block VMM-37 which is located in Colombia’s prolific Middle Magdalena Basin has the potential for significant resources.
The Right Time
Wittmeier Oil & Gas Engineering provides a unique and strategic exposure to both offshore and onshore projects in Namibia. Recent multi-billion-barrel offshore discoveries by Galp (Mopane), Total (Venus) and Shell (Graff/Jonker) have accelerated exploration activities in the Oranage and Walvis Basins. Our Orange Basin blocks are also adjacent to the Kudu Gas Field currently being developed by BW Energy. Our onshore project is near ReconAfrica who is also exploring a multi-billion barrel oil opportunity.
Huge Offshore Discovery at Our PEL 83 in Namibia
Highly Experienced Management Team.
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Years
The Right Team
We have an experienced team of industry veterans with a proven track record of international success. Our senior management team bring with them decades of experience in all aspects of oil and natural gas operations, corporate management and business plan execution. In particular, the management team has longstanding personal familiarity and a track record of success in the geological and geographical location of key producing assets.
The Right Company
Well Capitalized and Carried on most projects
Using our experience and expertise to appropriately structure and capitalize opportunities management has acquired a portfolio of carried interests in exploration and development projects with major upside potential with limited additional capital required from the Company. Our strategy is to partner with experienced operators and participants who have a demonstrated track record of success with a focus develop significant opportunities in highly prospective geographies where exploration and production activity is increasing.
- Public vehicle that provides exposure to the recent multi-billion-barrel offshore discoveries by Galp (Mopane), Total (Venus) and Shell (Graff) as well as to onshore development near ReconAfrica in Namibia.
- Well capitalized with a strong balance sheet and carried on most projects.
- Exposure to an exciting, active and high-profile exploration geography both offshore and onshore in Namibia – multiple, near-term catalysts by Chevron, Galp, TotalEnergies, Shell and Rhino Energy.
- Asset portfolio exposure to large resources diversified by geography, geology, operator, basin, play type and contractual structure – predominantly carried (no near-term capital required).
- Major early success in Namibia with Galp drilling and testing the Mopane discovery with an estimated 10+ billion barrels in-place (PEL 83) and Chevron (PEL 90) set to drill in Q4/24 and Woodside (PEL 87) expected to drill in early 2025 positions the company for continued growth.
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