Project Profile
Value: US$350 million
Location: Pletmos Basin offshore southern South Africa
Area: 11,950.06 square kilometers
Reserves: Unrisked prospective resources of 662 million barrels in 2015.
Start-up Year: 2016
Water Depth: 100m - 140m
The block 11a concession lies in the Pletmos Basin offshore southern South Africa in water depths ranging from 100m to 140m. The Ga-A find, discovered in 1969, had an initial flow rate of 24MMcf/d. The Ga-Q field was discovered in 1983 and had an initial test flow rate of 11.4 MMcf/d. It is understood that currently the gas discoveries in the block are under appraisal.
PetroSA announced plans to farm out stakes in block 11A in 2015. Rosgeo was reported to be shopping a 49% stake in the licence with PetroSA holding 100% interests - at the time. It has not been disclosed whether Rosgeo received a 49% stake in the block.
Operators:
Cepsa: Operator with 55% interest
ERHC: 35% interest
PetroSA: 10% interest