Aziza Project LLC to Fund Hydrocarbon Exploration in 8,000 Square Mile Namibian Claim with “Security Tokens”
Aziza has acquired a 20 percent stake in a Namibian hydrocarbon claim worth $100 million Hosting securitized tokenized investment fund to raise $60 million Plans to undertake $45 million, 10-well drilling program by year-end 2019 Covering roughly 27 million square kilometers, or 10 million square miles (http://ibn.fm/1tm4I), sub-Saharan Africa is the last unexplored frontier in the hydrocarbon world. Compared to Northern Africa and the Middle East, exploration activity in the region has been paltry. In Namibia, lying on the Atlantic, for example, less than 20 wells have been sunk over the past 50 years. Yet, despite this neglect by the majors (http://ibn.fm/x9Sva),…