Page 9 - Exploration Right News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Exploration right. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Exploration Right Today - Breaking & Trending Today

South Africa: Impact completes farm-in to Area 2 offshore South Africa


South Africa: Impact completes farm-in to Area 2 offshore South Africa
17 May 2021
Impact Oil & Gas, a privately-owned, African-focused, exploration company, has announced the completion of the farm-in transaction between its wholly-owned subsidiary,
Impact Africa and
Silver Wave Energy for the acquisition of a
90% working interest and operatorship of Area 2, offshore South Africa (Exploration Right reference 12/3/276).
Following receipt of approval from the Government of South Africa, Impact now owns a 90% working interest and operatorship of Area 2 with effect from 14 May 2021.
Impact completes farm-in to Area 2 offshore South Africa
Philip Birch, Exploration Director of Impact Oil & Gas, commented:
We are pleased to have concluded this transaction with Silver Wave Energy for Area 2 in deep water South Africa. This acquisition consolidates Impact’s position along the transform margin of the South African Natal Trough, adding over 78,000 ....

South Africa , Cape Agulhas , Western Cape , Kwazulu Natal , Northern Cape , Transkei Algoa , Impact Oil Gas , Silver Wave Energy , Impact Africa Limited Operator , Silver Wave Energy For Area , Impact Oil , Impact Africa , Exploration Right , Exploration Director , South African Natal Trough , Natal Trough , Southern African Aptian , Durban Basin , Outeniqua Basin , Impact Africa Limited , E Ampp News , Il And Gas Exploration , Xploration And Production , Nergy Pedia , Eological And Geophysical , Lternative Energy ,