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Eco Atlantic, Navitas Highlight South Africa’s Offshore Potential as Resource Base Expands - African Energy Chamber Eco Atlantic
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Eco Atlantic, Navitas estimate 3.6 Bbbl at South Africa’s Orange basin block
Eco Atlantic and Navitas Petroleum estimate Block 1 CBK offshore South Africa contains more than 3.6 Bbbl of unrisked prospective oil resources and approximately 4.5 Tcf of prospective gas.
·Houston, United States
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Eco Atlantic, Navitas Highlight South Africa’s Offshore Potential as Resource Base Expands - African Energy Chamber Eco Atlantic
Eco (Atlantic) Oil & Gas and its strategic partner Navitas Petroleum are highlighting the scale of South Africa’s offshore oil and gas potential following an updated assessment of resources at Block 1 CBK, with the African Energy Chamber (AEC) supporting continued international investment in the country while calling for a regulatory environment that enables exploration and development to advance. Navitas and Eco estimate that Block 1 CBK, locat…
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