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Halliburton & Rhino Deliver Two Exploration Wells in Namibia
HALHalliburton(HAL) ZACKS·2025-05-16 10:41

Halliburton Company (HAL) and Rhino Resources have marked a significant milestone by delivering the first two exploration wells on Block 2914 under Petroleum Exploration License (PEL) 85, located offshore Namibia. This achievement is particularly notable as it represents the first two wells in Namibia that have been completed using entirely in-country infrastructure, thanks to Halliburton’s newly established operational bases in Walvis Bay, Swakopmund, and Lüderitz. This achievement highlights the importanc ...