Elephant Oil
While the oil and gas industry has not been exploring
enough in the last several years to replace reserves¹,
some of the biggest discoveries made in the last 10
years have been in Africa.
ABOUT US
Elephant Oil Corp is a Houston, Texas based oil and
gas exploration and development company focused
on under-explored areas in onshore Africa where the
reserve base is potentially as large with a fraction of the
drilling cost.
We have a 100% interest in onshore Benin Block B (1.1+
million acres) and 70% interest in onshore Namibia
Block 1919 (over 2.8 million acres). Combined, our
acreage position is larger than the State of Connecticut
and is surrounded by significant, recent discoveries by
industry majors.
Blocks with large targets
Significant discoveries in the region
Existing work helps de-risk the opportunity
Much lower cost drilling onshore than offshore
Jurisdictions with well-established democracies
Experienced team of oil and gas veterans
Reserve and resource estimates provided are for wells and fields in the region near Elephant Oil's assets. These are provided
for informational purposes and are not indicative of potential results on assets owned by Elephant Oil. Estimates are provided
per sources below which may or may not conform to recognized industry standard reporting.
ELEPHANT OIL
ELEPHANT OIL
Block B,
100% Interest
eni
Baleine
1.5-2.0B barrels
oil in place,
resource²
(discovered
Sept. 2021)
TULLOW
Gi
BENIN
Jubilee
Recoverable
reserves estimated
to be >370 million
barrels oil, with
upside potential of
1.8 billion barrels oil³
Recent exploration success
near Elephant Oil's assets
TotalEnergies
Venus-1X
3B+ barrels oil
recoverable
(resource)
Feb 2022
1. https://www.houstonchronicle.com/business/energy/article/Oil-companies-last-year-made-fewest-discoveries-16757736.php:
2. https://www.eni.com/en-IT/media/press-release/2021/09/eni-announces-major-oil-discovery-block-ci-101.html;
Graff-1
Feb. 2022
3. https://www.offshore-technology.com/projects/jubilee-field/;
4. https://www.upstreamonline.com/exclusive/at-least-3-billion-barrels-totalenergies-venus-is-sub-saharan-africas-biggest-ever-oil-discovery/2-1-1174983
MELEPHANT OIL
Block 1919,
70% Interest
NAMIBIAView entire presentation