VOLUNTARY ANNOUNCEMENT – LIGHT OIL DISCOVERY

 

HCI is a 49% shareholder in Impact Oil and Gas Limited (“Impact”), a UK based oil and gas prospecting private company. Impact is a 20% participant in Block 2913B, offshore Namibia, and has announced a light oil discovery in Block 2913B (PEL 56), offshore Namibia (“Venus-1X discovery”).

HCI shareholders are referred to the press announcements on the Impact website, www.impactoilandgas.com for further information.

Cape Town 

24 February 2022