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Block-5/6/7

Block 5/6/7, exploration

  • TEEPSA and its Joint Venture partners are pursuing its activities of Exploration in Block 5/6/7, located offshore the southwest coast of South Africa, between Cape Town and Cape Agulhas.
  • TEEPSA (as operator) and its partners Shell and PetroSA currently hold an Exploration Right over Block 5/6/7.  Since the first granting of the Exploration Right, two seismic surveys have been undertaken in the Block.  Based on the analysis of acquired seismic data, TEEPSA is proposing to drill one exploration well, and success dependent, up to 4 additional wells in total within an Area of Interest within the Block (i.e. up to a maximum 5 wells depending on the success of the first well).
  • The Area of Interest, covering and area of 10 000 km2, is located approximately 60km from the coast at its closest point and 170km at its furthest, in water depths ranging from 1 000 m to 3 200 m. The purpose of the proposed exploration drilling is to facilitate the determination of whether geological structures (“prospects”) contain oil or gas.
  • As part of the process of applying for Environmental Authorisation, in terms of the National Environmental Management Act, 107 of 1998 (NEMA) (as amended), an Environmental and Social Impact Assessment (ESIA)  process is being undertaken.

 

 

 

Block 5/6/7 location

Block 5/6/7 location