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Africa Energy Announces 2D and 3D Seismic Programs Offshore South Africa
Africa Energy Announces 2D and 3D Seismic Programs Offshore South Africa Canada Ne...
About this update from Africa Energy Corp.
[{"type":"text","content":"\n\n\n\nAfrica Energy Announces 2D and 3D Seismic Programs Offshore South Africa\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Nov. 8, 2019\n\n\n\nVANCOUVER, Nov. 8, 2019 /CNW/ - Africa Energy Corp. (TSX Venture: AFE) (Nasdaq First North: AEC) (\"Africa Energy\" or the \"Company\"), an oil and gas company with exploration assets offshore South Africa and Namibia, is pleased to announce the award of new 2D and 3D seismic programs on Block 11B/12B offshore South Africa. The operator of Block 11B/12B, Total E&P South Africa B.V. (\"Total\"), has contracted Shearwater GeoServices Holding AS (\"Shearwater\") for the 2D seismic survey and Petroleum Geo-Services ASA (\"PGS\") for the second phase of 3D seismic on the block. Both surveys are expected to begin in December 2019 and continue through April 2020. PDF Version.\nJan Maier, Africa Energy's VP Exploration, commented, \"The award of the 2D and 3D seismic contracts demonstrates Total's commitment to move forward quickly with the exploration and appraisal program on Block 11B/12B offshore South Africa. Following the major Brulpadda oil and gas discovery in February this year, the joint venture partners conducted a 570 square kilometer 3D survey with Polarcus in March and April. We have now analyzed the coring and logging data from Brulpadda and integrated the fast-track 3D data from the Polarcus survey. This data assisted us in choosing the location of the next exploration well, Luiperd-1, which is expected to spud in Q1-2020. The 3D data validated the use of seismic as a direct hydrocarbon indicator, significantly de-risking the remaining prospects on trend. The first phase of 3D data also gave us more insight into the geometry and thicknesses of the reservoir sequences, confirming the large resource potential of the Paddavissie Fairway.\"  \nTotal has contracted Shearwater to acquire an initial program of 3,650 linear kilometers of 2D seismic using the Multi-Purpose Vessel (\"MPV\") SW Cook with fast-track processing onboard. The 2D seismic program will attempt to define the l...