Operations

Exploration

New Exploration Portfolio Approach

  • Portfolio approach allows us to access a larger number of highly prospective blocks at low entry costs
  • Three major discoveries – Brulpadda (Block 11B/12B, S. Africa), Jethro and Joe (Orinduik Block, Guyana)
  • 3-5 high impact, basin opening wells over the next 4 years, partly funded or carried by Majors
Africa Energy Corp.
Ownership interest
~35%
Board Seats
2
Impact Oil & Gas
Ownership interest
~30%
Board Seats
2
Eco Atlantic Oil & Gas
Ownership interest
~18%
Board Seats
1

right to take 20% ground floor interest on all future deals

  • Africa Oil Africa Oil
  • Africa Energy Africa Energy
  • Impact Oil & Gas Impact Oil & Gas
  • Eco Atlantic Eco Atlantic
Exploration Blocks