South Africa Block 1
Eco Oil & Gas are seeking a partner to drill numerous prospects in Block 1, Offshore South Africa.
Details
Asset Name
:
South Africa Block 1
Ref
:
AF-ZAF_Block1
Continent
: Africa
Country
: South Africa
Location
: Offshore
Project Phase
: Exploration
Latitude
:
-29.5
Longitude
:
16.3
Operator
:
Eco Oil & Gas
Other partners
:
Tosaco Energy
Farmout company
:
Eco Oil & Gas
Mandated Agent
:
none
Work Programmes
: Drilling
Back Costs
: $100,000 - $1m
Equity Offered
: 40 - 60%
Deal Status
:
Open
FarmoutAngel Valuation
: $1,000,000 - $5,000,000
FarmoutAngel confidence
: Medium
Consideration Sought
:
$$1000000