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 |
