The east coast area includes the Durban Basin and southern part of the Zululand Basin, offshore from the South African east coast at the Tugela River mouth and the ports of Richards Bay, Durban and Port Shepstone.
It extends from the shoreline in the west to more than 3000 m in the south east. With sparse seismic coverage of 7000 km and only four wells, the numerous leads that have been identified make this an exciting, under-explored frontier area easily accessible to oil refineries at Durban, and oil and gas pipelines connecting to an existing market centered in Johannesburg, Africa's largest industrial center.
The area comprises a large under-explored area off the east coast of South Africa which exhibits promising exploration potential. Existing identified leads, play concepts and prospective structures with a total hydrocarbon potential in the multi-billion barrel range, make further exploration of these blocks imperative.
Connect with Petroleum Agency SA (directly with relevant contact for this oppportunity) for more detailed information about exploration opportunities in this region.
About Petroleum Agency SA
Petroleum Agency SA promotes exploration for onshore and offshore oil and gas resources and their optimal development on behalf of government. The Agency regulates exploration and production activities, and acts as the custodian of the national petroleum exploration and production database.