Partners Commit to Offshore South Africa Second License Exploration Phase
Drilling Activity Details
Geo Coordinate
Drilling Activity Summary
Description
New Age Energy and Rift Petroleum have committed to the second exploration period of the Algoa-Gamtoos license offshore South Africa. The commitment will run for two years for a program that includes acquisition of a about 300 sq km of 3D seismic over the license area. The Algoa-Gamtoos license area is adjacent to block 11B/12B, where Total made two large deepwater gas/condensate discoveries, Brulpadda and Luiperd. In addition, the license includes the southern deepwater basin margin of the Outeniqua Basin targeted by both discovery wells. According to New Age the company has identified a substantial prospect on newly reprocessed 2D seismic over this area.
Description
New Age Energy and Rift Petroleum have committed to the second exploration period of the Algoa-Gamtoos license offshore South Africa. The commitment will run for two years for a program that includes acquisition of a about 300 sq km of 3D seismic over the license area. The Algoa-Gamtoos license area is adjacent to block 11B/12B, where Total made two large deepwater gas/condensate discoveries, Brulpadda and Luiperd. In addition, the license includes the southern deepwater basin margin of the Outeniqua Basin targeted by both discovery wells. According to New Age the company has identified a substantial prospect on newly reprocessed 2D seismic over this area.