Namibia sees as many as five oil exploration wells being drilled in 2016 as companies searching for deposits off the southwest African coast are undeterred by 19 dry wells. Tullow Oil Plc (TLW) and Royal Dutch Shell, which has two exploration blocks in the Orange River Basin, will probably sink wells in 2016, Namibia’s Petroleum Commissioner Immanuel Mulunga said. Murphy Oil Corp. (MUR) may drill toward the end of 2015 or early 2016, he said. “In 2016 we might have three to five wells being drilled,” Mulunga said in a phone interview in Windhoek yesterday. “There could be some other players which might also drill during that same time,” he said, citing HRT Participacoes em Petroleo SA (HRTP3) , Serica Energy and Chariot Oil & Gas. (CHAR) Basins off Namibia have attracted attention from the world’s biggest oil explorers on a bet the nation’s coastal shelf may mirror that […]