Stamper Oil & Gas Corp
Stamper Oil & Gas Corp is a publicly traded Canadian oil and gas exploration company holding five offshore petroleum licences across Namibia's Orange Basin, Walvis Basin, and Luderitz Basin. The company trades on the TSX Venture Exchange (STMP), OTC Markets (STMGF), and Frankfurt Stock Exchange (TMP0).
Quick Facts
- Legal Name:
- Stamper Oil & Gas Corporation
- TSX-V Ticker:
- STMP (Canadian dollars)
- OTC Ticker (US):
- STMGF (US dollars)
- Frankfurt Ticker (EU):
- TMP0 (euros)
- Founded:
- 2022
- Headquarters:
- Vancouver, British Columbia, Canada
- CEO:
- Grayson M. Andersen, CPA, CA
- Chairman:
- Matthew Goldsmith, CPA, CA
- CFO:
- Kevin Ma, CPA, CA
- Assets:
- 5 Petroleum Exploration Licences (PELs), Namibia
- Total Acreage:
- 28,237 km² (~7 million acres)
- Investor Contact:
- grayson@stampernamibia.com
- Phone:
- +1-604-341-1531
- Corporate Website:
- www.stampernamibia.com
Asset Portfolio — Five Petroleum Exploration Licences
Stamper holds five PELs across three Namibian offshore basins. Carried interests (PEL 98, 102, 106) mean partner operators fund all exploration costs. The working interest (PEL 107) gives Stamper 32.9% ownership with proportionate cost and revenue sharing, pending farm-down to a supermajor.
PEL 107 — Orange Basin
Highest-interest block. Directly adjacent to TotalEnergies Venus (~2 billion recoverable barrels, FID Q4 2026) and Shell PEL 39 (April 2026 10th exploration well). Farm-down strategy to bring in a supermajor operator.
PEL 98 — Walvis Basin
Carried interest means Lambda Energy funds 100% of exploration costs. Adjacent to Chevron's PEL 82 where the Gemsbok-1 well is targeting H2 2026.
PEL 106 — Walvis Basin
Largest single block by area. Oranto Petroleum funds all exploration; 3D seismic acquisition planned. Adjacent to Chevron's Walvis Basin drilling program.
PEL 102 — Luderitz Basin
TotalEnergies declared Namibia its 'golden province' in 2026 and now operates PEL 104 in the Luderitz Basin. BW Energy's Kharas-1 (November 2025) confirmed light oil in the basin for the first time.
2026 Catalysts
Shell 10th PEL 39 Exploration Well
Shell is drilling its 10th well on PEL 39, Orange Basin, using the Deepsea Mira drillship. All nine prior wells found hydrocarbons. PEL 39 is adjacent to Stamper's PEL 107 (Block 2712A). A successful result further validates the geology of the wider Orange Basin and increases the attractiveness of PEL 107 for a farm-out.
TotalEnergies Venus Final Investment Decision
TotalEnergies is targeting a Final Investment Decision on the Venus oil field (PEL 56, ~2 billion recoverable barrels) in Q4 2026. Venus is directly adjacent to Stamper's PEL 107. A positive FID commits billions in development capital, de-risks surrounding acreage, creates infrastructure for future tie-backs, and significantly increases PEL 107 farm-out attractiveness and value.
Chevron PEL 82 Gemsbok-1 Drilling
Chevron is targeting its Gemsbok-1 exploration well on PEL 82 in the Walvis Basin in H2 2026, with the campaign potentially extending into 2027. PEL 82 is adjacent to both Stamper's PEL 98 and PEL 106. A discovery on Chevron's block would de-risk the surrounding Walvis Basin acreage and catalyze increased activity on adjacent PELs 98 and 106.
PEL 107 Farm-Down Process
Stamper is actively seeking to farm down PEL 107 — selling a portion of its 32.9% working interest to a supermajor or senior operator in exchange for a carried interest through exploration and potentially development. Farm-out transactions in adjacent blocks (Sintana Energy precedent) validate this strategy. Venus FID and Shell drilling results are key factors in farm-out negotiations.
Management Team
Grayson M. Andersen
25-year career in global oil and gas across Canada, UK-Europe, South America, and Africa. Previously worked with CNRL, Geo-Park, and Frontera Energy. 15 years of Namibia-specific experience including financing offshore projects with UNX/HRT and onshore exploration with ReconAfrica.
LinkedIn Profile →Matthew Goldsmith
Partner and Chief Investment Officer at P5 Infra LLC. Founder and Board Member of HRT Participacoes. Former Managing Director at BMO Capital Markets. Extensive history in Namibian oil and gas with deep industry relationships critical for farm-out negotiations.
Kevin Ma
Senior capital markets leadership from Calibre Capital. Experience advising public and private companies on capital markets strategy, corporate finance, investor relations, and financial governance with focus on energy and natural resources.
Technical Advisory Team
Dean Clemenson
Calgary-based with global experience at Husky Energy and ConocoPhillips. 25-year working relationship with CEO Andersen.
Jerry Jarvis
15 years at Tullow Oil during peak West African growth. Extensive experience with significant offshore discoveries.
Ansgar Wanke
Former Head of Geology, University of Namibia. Deep expertise in Namibian geological systems. Experience with ReconAfrica onshore Namibia programs.
Namibia Oil Context
Exploration Track Record (2022–2026)
This reflects world-class Cretaceous source rocks — the same geological formations as Brazil's pre-salt and Angola's 13-billion-barrel reserves — combined with high-porosity turbidite reservoirs and premium light sweet crude (32–35° API, <0.5% sulfur).
Active Supermajors in Namibia
Key Discoveries Adjacent to Stamper Acreage
Valuation & Investment Structure
Key Terms Defined
Carried Interest
An arrangement where a partner company (the operator) funds 100% of exploration costs while Stamper retains its ownership percentage without proportionate capital contribution. If the operator makes a commercial discovery, Stamper receives its percentage share of production revenue. Stamper holds carried interests in PEL 98 (5%), PEL 102 (20%), and PEL 106 (5%).
Working Interest
A percentage ownership in an oil block requiring proportionate payment of all costs (seismic, drilling, development, operations) and proportionate receipt of all revenues. Stamper holds a 32.9% working interest in PEL 107, meaning it pays 32.9% of costs and receives 32.9% of revenues.
Farm-Down / Farm-Out
The partial sale of a working interest in an oil block to another company, typically a larger operator with drilling capability and capital. The seller usually retains a portion (often as a carried interest) and brings in an operator to fund and manage exploration. Stamper is pursuing a farm-down of PEL 107.
Petroleum Exploration Licence (PEL)
A government-issued licence granting exclusive exploration rights over a defined offshore block in Namibia. Managed by the Ministry of Mines and Energy (MME) and the National Petroleum Corporation of Namibia (NAMCOR). Stamper holds five PELs: PEL 107, PEL 98, PEL 106, PEL 102, and PEL 104 (via TotalEnergies partnership in Luderitz).
Final Investment Decision (FID)
The formal point at which an oil company commits multi-billion dollars to build production infrastructure. Pre-FID is the exploration and appraisal phase with higher investor risk. Post-FID means development is committed, the production timeline is locked, and surrounding acreage is significantly de-risked. TotalEnergies Venus FID is targeted Q4 2026.
FPSO (Floating Production Storage and Offloading)
A ship-shaped vessel that processes crude oil from subsea wells, stores it onboard, and periodically offloads to shuttle tankers for export. Required for deepwater Namibia production because the water depth (2,000–3,000m) makes fixed platforms impractical and Namibia has no onshore oil pipeline infrastructure. Each FPSO costs $2–3 billion. TotalEnergies Venus FPSO will be Namibia's first.
Frequently Asked Questions
What is Stamper Oil & Gas Corp?
Stamper Oil & Gas Corp (TSX-V: STMP | OTC: STMGF | DE: TMP0) is a publicly traded Canadian exploration company holding five offshore petroleum licences in Namibia, West Africa. The company has no current oil production or revenue. It provides investors with leveraged exposure to Namibia's offshore oil discoveries through carried interests and working interests on strategic blocks across the Orange Basin, Walvis Basin, and Luderitz Basin.
What is the difference between STMP, STMGF, and TMP0?
STMP, STMGF, and TMP0 are three ticker symbols for the same company — Stamper Oil & Gas Corp. STMP trades on the TSX Venture Exchange (Canada) in Canadian dollars. STMGF trades on OTC Markets (United States) in US dollars. TMP0 trades on the Frankfurt Stock Exchange (Germany) in euros. Choose based on your geographic location and preferred broker.
What is PEL 107 and why is it important?
PEL 107 (Block 2712A) is Stamper's highest-priority asset — a 5,484 km² block in the Orange Basin where Stamper holds a 32.9% working interest. It is directly adjacent to TotalEnergies' Venus oil field (~2 billion recoverable barrels) and Shell's PEL 39 (10 exploration wells). Stamper's strategy is to farm down PEL 107 to a supermajor operator, retaining a 5-10% carried interest through exploration. A successful Venus FID (Q4 2026) or Shell drilling result significantly increases PEL 107's value.
What is a carried interest in oil and gas?
A carried interest means a partner company (the operator) funds 100% of exploration costs — including seismic surveys and drilling wells costing $50-100 million each — while Stamper retains its ownership percentage without proportionate capital contribution. If the operator makes a commercial discovery, Stamper receives its percentage of production revenue. Stamper holds carried interests in PEL 98 (5%), PEL 102 (20%), and PEL 106 (5%), providing upside exposure without direct drilling cost exposure.
How does Stamper compare to Sintana Energy?
Sintana Energy (TSX-V: SEI) and Stamper Oil & Gas (TSX-V: STMP) are both Namibia-focused junior exploration companies. Sintana's market capitalization rose from approximately $27 million to over $200 million as nearby supermajor discoveries de-risked its acreage. Stamper holds interests across three basins (Orange, Walvis, Luderitz) compared to Sintana's primary Orange Basin focus, and trades at approximately $10 million USD market cap — suggesting potential re-rating potential if partner drilling delivers positive results.
Who is the CEO of Stamper Oil & Gas?
Grayson M. Andersen, CPA, CA is the CEO of Stamper Oil & Gas Corp. He has a 25-year career in global oil and gas spanning Canada, UK-Europe, South America, and Africa, with 15 years of Namibia-specific experience. He previously worked with CNRL, Geo-Park, Frontera Energy, and was involved in financing offshore Namibia projects with UNX/HRT and onshore exploration with ReconAfrica.
What is the Orange Basin and why is it significant?
The Orange Basin is an offshore petroleum basin along Namibia's southern Atlantic coast that has become one of the world's most active exploration frontiers since 2022. It has seen multiple multi-billion barrel discoveries: TotalEnergies Venus (~2 billion recoverable barrels, PEL 56), Shell Graff/La Rona/Jonker (PEL 39), and Galp/TotalEnergies Mopane (PEL 83, 800 million-1.1 billion recoverable barrels). Stamper holds PEL 107 in the Orange Basin with a 32.9% working interest.
When will Namibia start producing oil?
First offshore oil production from Namibia is targeted for 2029-2030, from TotalEnergies' Venus project. This requires: Venus FID (Q4 2026) followed by approximately 3 years of FPSO construction and subsea infrastructure installation. Shell's discoveries on PEL 39 are on similar development timelines. For investors, this creates a clear multi-year window: 2026 FID announcements, 2027-2028 construction phase, and 2029-2030 first production.
Related Pages
Risk Disclosure
Stamper Oil & Gas Corp is a pre-revenue exploration company with no current oil production or revenue. Investing in junior oil and gas exploration stocks involves substantial risk, including the total loss of invested capital. Key risks include geological risk (no guarantee of commercial discovery on Stamper-held acreage), operator dependency (drilling timelines controlled by partner operators), capital requirements (potential share issuance causing dilution), commodity price exposure (oil price dependency), and a long development timeline of 4–6 years before potential production revenue. This page is for informational purposes only and does not constitute investment advice. See full Disclaimer, Privacy Policy, and Terms of Service.