Welligence Namibia Exploration | Rhino’s exploration success continues on PEL 85

October 6, 2025

Rhino Resources is extending Namibia’s Orange Basin success with another discovery on PEL 85, marking steady progress across its exploration campaign. The Volans gas-condensate find builds on earlier results at Capricornus and Sagittarius, highlighting the block’s prospectivity.

Development plans are shaping around a pragmatic strategy focused on oil-led value and operational efficiency. A leased FPSO, tie-back opportunities, and an early first oil target before the decade’s end could define the roadmap. Azule’s option to operate in development adds momentum toward FID, positioning Rhino and partners as key drivers in the Orange Basin’s next growth phase.