Exploration Rights

Growing the exploration portfolio

Target future state of 6,000+ sq km

  • Past: 1027 sq km
  • New (2020): 3,577 sq km
  • Pending (2022 under application): ER 320: 2,383 sq km

Granted Exploration Rights

 

In January 2020 Afro Energy was granted new Exploration Rights ER 270,271 and 272 being an additional 3,577km2 to the exploration portfolio.

This increase in granted Exploration Rights provides massive potential exploration upside and value proposition for Afro Energy as it starts exploration on this ground.

  • Similar geology and structure
  • Historical data from coal mining, mineral and hydrocarbon exploration
  • Existing infrastructure and very high energy demand in the region
  • Regulator approved 3 year works programs initially comprising – Aeromag, 26 exploration core holes & 11 permeability pilot test wells
  • Similar geology and structure
  • Historical data from coal mining, mineral and hydrocarbon exploration
  • Existing infrastructure and very high energy demand in the region
  • Regulator approved 3 year works programs initially comprising – Aeromag, 26 exploration core holes & 11 permeability pilot test wells

Works Programs

Approved Petroleum Agency of South Africa (PASA), exploration program are as follows,

ER 270,271 and 272 Initial Period of 3 Years ER 270 ER 271 ER 272
Year 1 / Stage 1 Aeromagnetic survey
Select Exploration Core Hole drill sites
Establish operational arrangements
Q3/4 2020 Q3 2020 Q3/4 2020
Year 1 / Stage 2 Drill Exploration Core Holes
Down hole geophysical logging
Analyse gas content of coal via laboratory desorption
3 – 6 Exploration Core Holes 1 – 3 Exploration Core Holes 2 – 4 Exploration Core Holes
Year 2 / Stage 1 Drill Exploration Core Holes
Down hole geophysical logging
Analyse gas content of coal via laboratory desorption
3 – 6 Exploration Core Holes 1 – 3 Exploration Core Holes 2 – 4 Exploration Core Holes
Year 2 / Stage 2 Design Pilot Test Well program
Apply for approval of the test well program with PASA
Q3/4 2021 Q3/4 2021 Q3/4 2021
Year 3 / Stage 1 Drill and test Pilot Test Wells 2 – 4 Pilot Test Wells 2 – 3 Pilot Test Wells 2 – 4 Pilot Test Wells
Year 3 / Stage 2 Analysis of the Test Well program
Formulate commercialisation plans
Q3/4 2022 Q3/4 2022 Q3/4 2022
Exploration Image
Exploration Images