Nabirm is an emerging oil & gas exploration company focused on exploration of the conjugate margin of the offshore Namibian Continental Shelf. The company’s long term strategy is to build a pan-African portfolio of high upside exploration licences combined with near-term material drilling opportunities. Nabirm is the holder of a Namibian Petroleum Exploration Licence 0058, held over Block 2113A. The license overlaps the under explored, distal offshore Walvis Basin and the proximal onshore Huab Basins, south of the Walvis Ridge in South West Africa. The License is held jointly by Nabirm (90%) and the National Petroleum Corporation of Namibia (Pty) Ltd (NAMCOR) (10%) http://www.namcor.com.na/hydrocarbon-licence-map. In addition to the License, Nabirm and NAMCOR are parties to a Petroleum Agreement dated 8 May 2012 between them and the Government of the Republic of Namibia through its Ministry of Mines & Energy.