Project Profile
Location: Within the vast Kalahari Karoo basin, Nata region over the Ngwasha Basin and the Central Project area and over the Mmashoro Basin, Botswana
Reserves: Gas In Place resource of 12.6 Trillion cubic feet, 6.7 Trillion cubic feet
Magnum Gas & Power Limited is currently focused on the exploration and development of coal bed methane resources in Botswana, Africa. Magnum Gas & Power, through its wholly owned subsidiary Energy Botswana Ltd, has secured a significant portfolio of Botswana prospecting licences over acreage that is prospective for Coal Bed Methane (or ‘Coal Seam Gas’). The portfolio has been focused on the strategic areas of two prospective basins within the vast Kalahari Karoo basin, the Northern Project area being in the Nata region over the Ngwasha Basin and the Central Project area being over the Mmashoro Basin. Petroleum licences applications are also pending. Pre-Feasibility studies completed by Independent consultants have estimated a Gas In Place resource of 12.6 Trillion cubic feet, 6.7 Trillion cubic feet being economically recoverable, over the prospecting licences held by Energy Botswana.
Operators:
Magnum Gas & Power Limited: Operator with 100% interest
Contractor:
SRK Consulting: initial Independent Reserve Certification. (October, 2016)