|AL Holdings©2012 -
AL Petroleum is Oil Exploration Company and also major in the trade of many Oil Products. AL Petroleum along with its equity partner PETROHOLLAND (an Oil company represented in Europe, Asia and Africa) has an Exploration Licence on 3 onshore Oil blocks in the Ovambo basin in Namibia.
BLOCK 1717, 1817, 1918
Petroleum Exploration Licence #0049 Issued under the petroleum exploration and production act 1991.
HALLIBURTON (the company that conducted the surveys, all feasibility studies and 2D Seismic Studies on the blocks confirm a 3.7 Billion Barrels proven reserve in the 3 Blocks worth around of USD $180 Billion)