About Us

Who We Are

The company is successful at collaborating and partnering with industrial institutions whose strength compliments the company’s weaknesses. These qualities allow Zambezi Exploration to utilise the latest seismic and processing techniques to optimise data quality and enhance the likelihood of successfully identifying prospective blocks. We target to explore areas other companies think are too risky compared with the potential reward such as offshore Namibia.

The company’s primary target Oil and Gas Assets are in the deep water of the Orange Basin in Namibia. These Assets are adjacent to acreages held by Total S.A and its partners. Namibia’s Orange Basin has attracted other Oil majors such as ExxonMobil, Shell, GALP (Portugal).

The offshore waters of Namibia have witnessed a significant increase in exploration activity in recent years. The drives are twofold: firstly, following the discovery of a number of world class oil fields in the offshore Santos Basin in Brazil. That is, the area of Brazil was joined to Angola and Namibia before the opening of the South Atlantic Ocean. Secondly, the recent exploration results in offshore Namibia have confirmed the existence of source rock and world class reservoirs.

Zambezi Exploration conducts its business by being:
  • Honest and transparent in how we deal with Individuals, Institutions, governments and other industrial players within our ecosystem.
  • A partner of the communities in which we conduct our business and enhance the quality of life by transforming natural resources into National Assets.
  • Responsible for the safety of employees, the community and the environment we operate in.
  • A provider of unique onshore and offshore exploration investment opportunity, continue partnering with major oil and gas producers, to ensure economically viable production from the company’s licence areas, providing shareholders with high capital growth potential in the event of a discovery.

We are responsible for the safety of employees

Management

Meet the management team that drives us forward!

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Rector Mutelo

Chairman of Advisory Board & CEO
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Nangolo Nangula

Executive Director
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Heikki Jutila

Non-Executive Director
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Mulife Siyambango

Country Manager
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Stuart Ernest Munro

Non-Executive Director
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Rory Somerset

Non-Executive Director

Vision & Strategy

Mission Statement

Zambezi Exploration’s vision is to be a leading, profitable frontier Oil and Gas exploration and production company focused on Africa and other frontier basins worldwide while leveraging the company’s strength.

Strategy

The company’s strategy is to maximise the return on investment by acquiring high potential Assets at low value and then maximising the value of the Assets. In particular, focus on Assets which meet the following criteria:

  • Geologically prospective exploration licenses in existing petroleum producing basins, or discovery basins, surrounded by significant current and expected exploration and drilling activity.
  • Assets in countries which are politically and economically stable. The company values consistent, transparent and professional bureaucratic system.

In summary,

  • Enter frontier basins at an earlier exploration stage with the aim of identifying new hydrocarbon systems attractive to oil majors.
  • Continuously seek to acquire Assets in highly prospective and underexplored basins.
  • Minimise the company’s risk by acquiring a diversified portfolio of Assets with a mixture of partnerships while maximising the portfolio value.
  • Conduct cost effective exploration whereby maximising data quality through the acquisition of the latest seismic and data processing techniques.
  • Perform operations in a safe and environmentally friendly manner by deploying the highest industry standards.
  • Enhance the quality of life in Countries were operate by respecting the local culture and offer equal employment opportunities.