OPERATIONS OVERVIEW
Hydrocarb holds diversified domestic and international assets, including an exploration license for a 21,300 kms²/5.3 million acre concession in the Owambo Basin of northern Namibia. The massive Owambo Basin is divided by the border between Namibia and Angola. Excellent porosity and crude oil from a probable carbonate source has been detected by independent outside laboratories. We believe the under-explored Owambo Basin has all the ingredients to become a major new petroleum province.