South Africa, Orange Basin oil and gas map

Africa Oil secures South African approval to up stake in Block 3B/4B

Issue 499 - 25 Jan 2024 - By Dominic Dudley | 1 minute read

Toronto Stock Exchange-listed Africa Oil Corporation has received official approval to acquire a 6.25% interest in offshore Block 3B/4B from Eco, taking its total holding in the Orange Basin acreage to 26.25%. A drilling campaign is being planned for the area, where Africa Oil is looking to farm-out a share.

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