Project Profile
Location: Eastern Cape Coast, South Africa
Water depth: Approximately 4000 metres
Area: 45,838 km²
The Transkei/ Algoa Exploration Area is located above a narrow shelf area situated off the Eastern Cape Coast of South Africa. Together the two exploration areas cover an area of approximately 45,838 km² with water depths ranging from the shoreline to
approximately 4000 m. The purpose of the exploration activities is to investigate the subsea geological structures to determine the presence of hydrocarbons (oil and gas).
Operators:
ExxonMobil: 40% interest
Statoil: 35% interest
Impact Africa: 25% interest