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Africa Energy Announces Significant Discovery and Opening of New Petroleum Province Offshore South Africa
Africa Energy Announces Significant Discovery and Opening of New Petroleum Province Offsho...
About this update from Africa Energy Corp.
[{"type":"text","content":"\n\n\n\nAfrica Energy Announces Significant Discovery and Opening of New Petroleum Province 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, Feb. 7, 2019\n\n\n\nVANCOUVER, Feb. 7, 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 a significant gas condensate discovery on the Brulpadda prospects located on Block 11B/12B offshore South Africa. Africa Energy holds a 4.9% effective interest in the Exploration Right for Block 11B/12B. View PDF Version.\nGarrett Soden, Africa Energy's President and CEO, commented, \"We are thrilled to announce a major discovery on Block 11B/12B offshore South Africa. The Brulpadda discovery opens a new world-class oil and gas play with substantial follow-on potential. The success at both the Brulpadda primary and secondary targets significantly de-risks four other similar prospects already identified on the existing 2D seismic. The Block 11B/12B partners plan to acquire 3D seismic this year, followed by up to four exploration wells. We congratulate Total as operator for drilling the Brulpadda-1AX deepwater well safely and efficiently.\"\nThe Brulpadda discovery is located on Block 11B/12B in the Outeniqua Basin 175 kilometers off the southern coast of South Africa. The block covers an area of 19,000 square kilometers with water depths ranging from 200 to 1,800 meters.\nThe Brulpadda well was drilled in approximately 1,400 meters of water by the Odfjell Deepsea Stavanger semi-submersible rig. The well targeted two objectives in a deep marine fan sandstone system within combined stratigraphic/structural closure. Following the success of the main objective, the well was deepened to a final depth of 3,633 meters and was successful in the Brulpadda-deep prospect.\nThe well encountered a total of 57 meters of net gas condensate pay over two Lower Cretaceous high-quality reservoirs. Core samples were ...