As the South African Licensing Round gathers momentum, Petroleum Agency SA, in conjunction with CGGVeritas, is making final preparations for a series of launch seminars. These will be run at three locations,
A successful data room is currently running at the Petroleum Agency SA offices in Parow,
South Africa’s 2007 acreage is within two distinct tectonostratigraphic zones, the western offshore, known as the Orange Basin, which comprises a broad passive margin basin related to the opening of the South Atlantic in the early Cretaceous, and the southern offshore region, known as the Outeniqua Basin, which shows a history of strong strike slip movement during the late Jurassic/early Cretaceous breakup and separation of Gondwana. The
In addition to the geological credentials of the region,
Details of the seminars and data rooms are on the Petroleum Agency SA website (petroleumagencysa.com) and CGGVeritas' website (cggveritas.com). Here also full details of the license round and maps of the available acreage can be found.
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