Renewal application for: Windhoek PEL28 B.V. is proposing to drill one or possibly two exploration wells in PEL83. Windhoek PEL28 is a Joint Venture between the block partners, namely GALP Energia S.A. ("GALP"), the National Petroleum Corporation of Namibia (NAMCOR) and Custos. GALP holds an 80% controlling interest in PEL 83, while NAMCOR and Custos each hold 10%. GALP is currently the operator of PEL 83. The proposed exploration wells would be drilled in PEL 83, which is located in the Orange Basin off the coast of Namibia. PEL 83 covers an area of approximately 9 954 m2 and is located between 130 km and 250 km from the coastline in water depths ranging from approximately 500 m to 2 500 m.