Operator boosts stake in high-profile Orange basin block as supermajors circle

Independent increases interest in prospective South Africa tract as discussions continue with potential farm-in companies and two-well exploration campaign eyed

Orange basin move: Africa Oil chief executive Keith Hill, speaking in London last year at an industry panel, with Eco Atlantic chief executive Gil Holzman listening intently (fourth from right).
Orange basin move: Africa Oil chief executive Keith Hill, speaking in London last year at an industry panel, with Eco Atlantic chief executive Gil Holzman listening intently (fourth from right).Photo: AFRICA OIL
Published 11 July 2023, 09:20Updated 11 July 2023, 09:20
South AfricaOrange basinAfrica OilEco Atlantic3B/4B