Excitement is building over offshore oil discoveries in Namibia, a country in Southwest Africa. A few companies that took a chance on the area are now seeing returns on their investment. Local oilman Kirk Edwards and economist Ray Perryman are among those discussing the developments.

The discoveries have brought new attention to Namibia, which had previously been viewed as a high-risk area for investment. As results from explorations began to emerge, interest in the area grew, with companies like Chevron acquiring acreage and beginning drilling operations. Further details on the oil discoveries and their implications are available from the Odessa American.