WINDHOEK, Namibia–(BUSINESS WIRE)–Custos Energy (Pty) Ltd. (“Custos” or the “Company”) welcomes the completion of a transaction between TotalEnergies and Galp, under which TotalEnergies has acquired a 40% operated interest in the PEL83 license, home to the giant Mopane discoveries in Namibia’s Orange Basin. PEL83 is now held by TotalEnergies (40%, operator), Galp (40%), Namcor (10%) and Custos Energy (10%). Custos retains its 10% participating interest in the license and looks forward to adva
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