{"id":9571,"date":"2020-12-16T23:30:49","date_gmt":"2020-12-16T23:30:49","guid":{"rendered":"https:\/\/oilnewskenya.com\/?p=9571"},"modified":"2020-12-16T23:30:49","modified_gmt":"2020-12-16T23:30:49","slug":"south-africa-tower-resources-enters-the-second-exploration-period-of-the-algoa-gamtoos-license","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/south-africa-tower-resources-enters-the-second-exploration-period-of-the-algoa-gamtoos-license\/","title":{"rendered":"SOUTH AFRICA: Tower Resources Enters the Second Exploration Period of the Algoa-Gamtoos license"},"content":{"rendered":"<p class=\"ci\"><span class=\"bz\">Tower Resources has<\/span><span class=\"by\"> announced that its subsidiary Rift Petroleum Ltd, together with Operator and 50% partner New Age Energy Algoa (Pty) Ltd, has now formally agreed to enter the Second Exploration Period of the Algoa-Gamtoos license offshore South Africa. The Company also notes the recent announcements from Total S.A.\u00a0 and Africa Energy Ltd regarding the results of the Luiperd-1X well, which has reported a further significant gas condensate discovery in Block 11B\/12B (Total 45% and Operator, Qatar Petroleum 25%, CNR International 20% and Main Street 1549 Proprietary Ltd 10%) located in the Outeniqua basin, offshore South Africa.<\/span><\/p>\n<p class=\"ci\"><span class=\"bw\">The Second Exploration Period of the Algoa-Gamtoos License will run for two years from 17 November 2020, and the work programme during this period will include a further 300 km<sup>2<\/sup>\u00a0of 3D seismic data acquisition in the license area.<\/span><\/p>\n<p class=\"ci\"><span class=\"bz\">Block 11B\/12B is located adjacent to the Algoa-Gamtoos license. The Algoa-Gamtoos license\u00a0<\/span><span class=\"bz\">also contains the southern deep-water basin margin of the Outeniqua Basin that was targeted by Total&#8217;s Brulpadda and Luiperd-1X wells and is approximately 150 kms along strike to the East.<\/span><\/p>\n<p class=\"ci\"><span class=\"bw\">The Luiperd-1X well encountered 73 meters of good quality net pay in 85 meters of gross sands in the main target interval and, according to Africa Energy which owns 49% of Main Street 1549 Proprietary Ltd, the well reached a maximum constrained flow-rate through a 58\/64&#8243; choke of 33 million cubic feet per day of natural gas and 4,320 barrels of condensate per day, an aggregate of approximately 9,820 barrels of oil equivalent per day. The choke configuration could not be increased due to surface equipment limitations. The absolute open flow potential of the well is expected to be significantly higher than the restricted test rates. Current indications are that the Luiperd discovery is larger than the 1 billion boe Brulpadda discovery announced in 2019.<\/span><\/p>\n<p class=\"ci\"><span class=\"bw\">As previously noted, the Brulpadda and Luiperd-1X wells have successfully tested the Lower Cretaceous turbidite fan play of the Outeniqua basin slope, which is interpreted to extend along strike into the southern part of the Algoa-Gamtoos block, in which the Operator, New Age, has identified on 2D seismic a substantial prospect.<\/span><\/p>\n<p class=\"ci\"><span class=\"bw\">New Age has reprocessed the existing 2D seismic data over the license during 2020, which has yielded a considerable improvement in resolution, and expects to have updated analysis and volumetrics available in January 2021, which will also be made available to potential farm-in partners.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tower Resources has announced that its subsidiary Rift Petroleum Ltd, together with Operator and 50% partner New Age Energy Algoa (Pty) Ltd, has now formally agreed to enter the Second &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/south-africa-tower-resources-enters-the-second-exploration-period-of-the-algoa-gamtoos-license\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":9573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7445,11],"tags":[26,2944,8773,7746,8596,8288,8289,8772,8334,3110,8771,8774,2541],"class_list":["post-9571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-southern-africa","category-top-news","tag-2d-seismic","tag-africa-energy","tag-algoa-gamtoos-license","tag-block-11b-12b","tag-brulpadda","tag-cnr-international","tag-luiperd-1x-well","tag-new-age-energy","tag-outeniqua-basin","tag-qatar-petroleum","tag-rift-petroleum-ltd","tag-total-s-a","tag-tower-resources","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/12\/new-age-seeking-farm-out-partner-for-south-africa-block.jpg?fit=580%2C521&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2un","jetpack-related-posts":[{"id":9830,"url":"https:\/\/www.oilnewskenya.com\/index.php\/south-africa-tower-resources-provides-updated-resource-estimates-from-algoa-gamtoos-license\/","url_meta":{"origin":9571,"position":0},"title":"South Africa: Tower Resources Provides Updated Resource Estimates from Algoa-Gamtoos license","author":"","date":"February 8, 2021","format":false,"excerpt":"Tower Resources plc has announced that its subsidiary Rift Petroleum Ltd\u00a0 has received updated resource estimates from its 50% partner and license Operator, New Age Energy Algoa (Pty) Ltd (New Age), following NewAge's interpretation of the reprocessing of additional 2D seismic data covering the Algoa-Gamtoos license, offshore South Africa. The\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/12\/new-age-seeking-farm-out-partner-for-south-africa-block.jpg?fit=580%2C521&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/12\/new-age-seeking-farm-out-partner-for-south-africa-block.jpg?fit=580%2C521&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/12\/new-age-seeking-farm-out-partner-for-south-africa-block.jpg?fit=580%2C521&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":8998,"url":"https:\/\/www.oilnewskenya.com\/index.php\/south-africa-total-begins-drilling-of-luiperd-1x-offshore-well-in-block-11b-12b\/","url_meta":{"origin":9571,"position":1},"title":"SOUTH AFRICA: Total Begins Drilling of Luiperd-1X Offshore Well in Block\u00a011B\/12B","author":"","date":"August 30, 2020","format":false,"excerpt":"Block 11B\/12B JV partner Africa Energy has announced spud of the Luiperd-1X well, the second exploration well on Block\u00a011B\/12B\u00a0offshore\u00a0South Africa\u00a0following the Brulpadda discovery in\u00a0February 2019. Jan Maier, Africa Energy's VP Exploration, commented: \"The Outeniqua Basin offshore\u00a0South Africa\u00a0remains an under-explored, world-class hydrocarbon province. The Luiperd-1X well will test the eastern area\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Deepsea-Stavanger.jpg?fit=700%2C525&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Deepsea-Stavanger.jpg?fit=700%2C525&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Deepsea-Stavanger.jpg?fit=700%2C525&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Deepsea-Stavanger.jpg?fit=700%2C525&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":9222,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tower-resources-provides-update-on-thali-pel-94-projects\/","url_meta":{"origin":9571,"position":2},"title":"Tower Resources Provides Update on Thali, PEL 94 Projects","author":"","date":"September 30, 2020","format":false,"excerpt":"Extension of the initial period of the Exploration Phase of the Thali PSC, offshore Cameroon by one year (from 15 September 2019) for the purposes of completing the NJOM-3 well, and declaration of Force Majeure with effect from 17 March 2020 due to travel and operational restrictions arising from the\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/Tower-Resources.jpg?fit=411%2C396&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8950,"url":"https:\/\/www.oilnewskenya.com\/index.php\/south-africa-africa-energy-increases-stake-in-block-11b-12b\/","url_meta":{"origin":9571,"position":3},"title":"SOUTH AFRICA: Africa Energy Increases Stake in Block 11B\/12B","author":"","date":"August 24, 2020","format":false,"excerpt":"Africa Energy\u00a0 has announced the signing of definitive agreements to increase its effective interest in Block 11B\/12B\u00a0offshore\u00a0South Africa\u00a0from 4.9% to 10%. \"Block 11B\/12B\u00a0offshore\u00a0South Africa\u00a0contains one of the most exciting oil and gas exploration plays in the world today. In anticipation of the Luiperd-1X well results expected later this year, we\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Block-11B-12B.jpg?fit=765%2C317&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Block-11B-12B.jpg?fit=765%2C317&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Block-11B-12B.jpg?fit=765%2C317&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Block-11B-12B.jpg?fit=765%2C317&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":9363,"url":"https:\/\/www.oilnewskenya.com\/index.php\/shell-ventures-into-two-existing-blocks-the-signing-of-a-new-block-in-south-africa\/","url_meta":{"origin":9571,"position":4},"title":"Shell Ventures into Two Existing Blocks in South Africa","author":"","date":"November 4, 2020","format":false,"excerpt":"Impact Oil and Gas has entered into an agreement with BG International Limited, a wholly owned subsidiary of Royal Dutch Shell plc\u00a0 for the farm-out of a 50% working interest and operatorship in the Transkei & Algoa exploration right, offshore South Africa (Exploration Right reference 12\/3\/252). Under the terms of\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/11\/Africa-Oil-S.A-Portfolio.jpg?fit=400%2C275&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9369,"url":"https:\/\/www.oilnewskenya.com\/index.php\/searcher-announces-2d-and-3d-seismic-project-offshore-south-africa\/","url_meta":{"origin":9571,"position":5},"title":"Searcher announces 2D and 3D seismic project Offshore South Africa","author":"","date":"November 4, 2020","format":false,"excerpt":"Searcher has announced a new multi-client 2D and 3D seismic rectification project Offshore South Africa, in collaboration with the Petroleum Agency of South Africa. The South Africa seismic data covers the Outeniqua Basin and its sub-Basins; the Bredasdorp, Infanta, Pletmos, Gamtoos, Algoa and Southern Outeniqua Basins. Searcher has applied its\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/11\/South-Africa-Searcher-2D-3D-1024x724-1.png?fit=1024%2C724&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/11\/South-Africa-Searcher-2D-3D-1024x724-1.png?fit=1024%2C724&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/11\/South-Africa-Searcher-2D-3D-1024x724-1.png?fit=1024%2C724&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/11\/South-Africa-Searcher-2D-3D-1024x724-1.png?fit=1024%2C724&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=9571"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9571\/revisions"}],"predecessor-version":[{"id":9574,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9571\/revisions\/9574"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/9573"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=9571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=9571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=9571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}