Oil and Gas Exploration in Africa

Operations

Africa Energy Operations

Africa Energy's long range plan is to increase shareholder value through building a portfolio of exploration and production assets.

South Africa, Block 11B/12B

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 approximately 18,734 square kilometers with water depths ranging from 200 meters in the north to 2,000 meters in the south. The Lower Cretaceous Post-rift Paddavissie Fairway, which contains the Brulpadda Prospect, is located within the southwest corner of the block.

18,734 km²

Size

Offshore Drilling

Project Type

South Africa

Location

4.9%

Effective Interest

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South Africa, Block 2B

 

Block 2B covers 4,360 km² of the South African Western offshore about 300 km north of Cape Town. Water depths over the block are 50 m to 200 m. Over the main area of interest in the block, the A-J rift graben, water depth ranges from 140 m to 160 m.

4,360 km²

Size

Offshore Drilling

Project Type

South Africa

Location

90%

Working Interest & Operatorship

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Namibia, PEL 37

Petroleum Exploration License 37 (“PEL 37”) covers an area of 17,295 km² of the northern Namibian offshore region located about 420 km south of the Angolan/Namibian border. Water depths over PEL 37 range from 400 m to 1500 m and over the main prospective area where the Cormorant and other prospects (Albatross, Seagull and Gannet) have been delineated, range from 400 m to 600 m.

17,295 km²

Size

Offshore Drilling

Project Type

Namibia

Location

10%

Effective Interest

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