Oil and Gas Exploration in Africa

Operations

Africa Energy Operations

Africa Energy's long range plan is to increase shareholder value through the acquisition and exploration of African oil and gas assets.

South Africa, Block 2B

Block 2B covers 4360km² of the South African Western offshore about 300km north of Cape Town. Water depths over the block are 50m-to-200m and over main area of interest in the block, the A-J rift graben they are 140m-to-160m.

4360 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 17295km² of the northern Namibian offshore region located about 420km south of the Angolan/Namibian border. Water depths over PEL 37 range from 500m to 1500m and over the main prospective area where the Albatross and other prospects (Seagull, Gannet & Cormorant) have been delineated, range from 400m to 600m.

17,295 km²

Size

Offshore Drilling

Project Type

Namibia

Location

10%

Indirect Interest

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