Block 11B/12B is located in the Outeniqua Basin approximately 175 kilometers off the southern coast of South Africa. The block covers an area of 18,734 square kilometers with water depths ranging from 200 meters in the north to 1,800 meters in the south. The Cretaceous Post-rift Paddavissie Fairway, which contains the Luiperd and Brulpadda discoveries, is located within the southwest corner of the block. Total is the operator of this project.
Offshore Oil and Gas Exploration
* In August 2020, the Company signed definitive agreements to increase its effective interest in Block 11B/12B from 4.9% to 10%, subject to various consents and approvals.
Petroleum Exploration License 37 ("PEL 37") is located in the Walvis Basin and covers an area of 17,295 square kilometers about 420 kilometers south of the Angolan/Namibian border. Water depths over the main prospect area range from 400 to 600 meters. Tullow is the operator of this project.