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STAMPER ADVANCES NAMIBIAN OFFSHORE PORTFOLIO WITH PEL 102 EXTENSION AND CONTINUED INDUSTRY VALIDATION ACROSS KEY BASINS
STAMPER ADVANCES NAMIBIAN OFFSHORE PORTFOLIO WITH PEL 102 EXTENSION AND CONTINUED INDUSTRY VALIDA...
About this update from Stamper Oil & Gas Corp
[{"type":"text","content":"\n\n\nSTAMPER ADVANCES NAMIBIAN OFFSHORE PORTFOLIO WITH PEL 102 EXTENSION AND CONTINUED INDUSTRY VALIDATION ACROSS KEY BASINS\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCanada NewsWire\n\n\nVANCOUVER, BC, May 11, 2026 /CNW/ - Stamper Oil & Gas Corp. (\"Stamper\" or the \"Company\") (TSX-V: STMP) (US OTC: STMGF) (Germany: TMP0) is pleased to provide a corporate update highlighting continued industry validation across its offshore Namibia portfolio, the extension of Petroleum Exploration Licence (\"PEL\") 102, and ongoing technical and strategic advancement initiatives across the Company's key exploration licences, and a marketing update.\n\n\n\n\n\n\n\nGrayson Andersen, Chief Executive Officer of Stamper, stated: \"We continue to be encouraged by the increasing level of industry activity surrounding Stamper's offshore Namibia portfolio. The continued expansion of major international oil companies across the Orange, Walvis and Lüderitz Basins reinforces our view that Namibia remains one of the world's most attractive frontier exploration regions. With carried interests across multiple strategically positioned offshore licences, Stamper remains focused on advancing technical work programs and evaluating pathways to unlock shareholder value.\"Continued Industry Validation of Multi-Basin StrategyStamper continues to see increasing industry validation of its multi-basin strategy across its offshore Namibia portfolio as major international oil companies expand activity in the Orange, Walvis and Lüderitz Basins adjacent to the Company's licences. BP is entering the Walvis Basin with a planned acquisition of PEL 97, PEL 99 and PEL 100. The planned acquisition by BP of acreage adjacent to PEL 106 further validates the emerging prospectivity of the Walvis Basin and highlights increasing industry interest in the region. Additionally, Petrobras has joined TotalEnergies in a planned acquisition of PEL 104 in the Lüderitz Basin, which sits adjacent to Stamper's PEL 102.Stamper continues to advance technical work with its partners and make introductions...