South Africa: CNRL looks toward deepwater exploration

Aug. 9, 2012
Canadian Natural Resources Ltd., Calgary, said it completed conversion of the license of the company’s 100% working interest block offshore South Africa in the quarter ended June 30.

Canadian Natural Resources Ltd., Calgary, said it completed conversion of the license of the company’s 100% working interest block offshore South Africa in the quarter ended June 30.

All regulatory requirements to drill a well are complete, and targeted drilling windows are in late 2013-early 2014 and late 2014-early 2015.

The company sees basin floor fans as thick as 150 m in the Paddavissie fairway on the western part of Block 11B/12B southeast of Mossel Bay. Upslope production exists to the west in Oryx and Oribi oil fields in the Bredasdorp basin.