The Ministerial approval represents the final governmental consent required under Section 11 of Namibia's Petroleum (Exploration and Production) Act for the assignment of Eco's interest in PEL 98 to Lamda Energy... PELs.
TDOT initiated a Planning and Environmental Linkages (PEL) Study to consider improvements to approximately 17 miles of interstate, with study limits extending from the I-40/I-75 Interchange in Loudon County to the I-640 Interchange west of Knoxville.
BP is entering the Walvis Basin with a planned acquisition of PEL 97, PEL 99 and PEL 100... to facilitate potential farm-out discussions on several key PELs, specifically on PEL 107 and PEL 106.