South Africa: Total farms in to CNR’s Outeniqua Basin blocks
Issue 263
- 18 Oct 2013
| 1 minute read
Total has received government approval for the acquisition of a 50% stake in Block 11B/12B from Canadian Natural Resources. Total takes over as operator and will drill a well in 2014. The block is located in the Outeniqua Basin, around 175km off the southern coast, and covers an area of 19,000km2 in water depths ranging from 200 to 1,800 metres. Conditions in the area are challenging and CNR had been looking for a partner ahead of planned drilling.
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