$2,000,000
South Africa Block 2C
PetroSA is looking partner to explore the Block 2C, a deepwater block in the Orange Basin.
The Block is along trend from the Venus and Graf wells drilled in 2021
Details
Asset Name
:
Block 2C
Ref
:
AF-ZAF-B2C
Continent
: Africa
Country
: South Africa
Location
: Offshore
Project Phase
: Exploration
Latitude
:
-30.5170
Longitude
:
15.4490
Operator
:
PetroSA
Farmout company
:
PetroSA
Mandated Agent
:
None
Work Programmes
: Geological, Drilling
Back Costs
: Unknown
Equity Offered
: 40 - 60%
Deal Status
:
Open
FarmoutAngel Valuation
: $5,000,000 - $10,000,000
FarmoutAngel confidence
: Low
Consideration Sought
:
$2,000,000
