NAMCOR is the operator of Petroleum Licenses PEL 72, PEL 67, PEL 79, PEL 82 and PEL 102 in the Orange Basin, Luderitz Basin and Walvis Basin, Offshore Namibia and has 67% working interest in these blocks. NAMCOR is offering oil companies and investors the opportunity to participate in the exploration of these Licenses by means of farm-in. There are ready to drill prospects and significant identified hydrocarbon potential.