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BRIEF-Norway's Statoil expands South Africa exploration portfolio
2017年9月7日 / 上午10点40分 / 2 个月前

BRIEF-Norway's Statoil expands South Africa exploration portfolio

Sept 7 (Reuters) - Statoil Asa

* Adds exploration licenses in South Africa

* Has acquired participating interests in two additional offshore frontier blocks, including one operatorship

* Has completed a transaction with exxonmobil exploration and production south africa limited (exxonmobil), acquiring a 35% interest in exploration right 12/3/252 transkei-algoa

* Operator exxonmobil retains 40% interest, while impact africa holds 25%

* License covers approximately 45,000 square kilometres in water depths up to 3,000 metres

* Has also completed a transactionwith ok energy ltd, acquiring 90% interest and operatorship in exploration right 12/3/257 east algoa

* Remaining 10% interest is held by ok energy. Licence covers approximately 9,300 square kilometres

* Transactions strengthen statoil’s position in south africa and our long-term exploration portfolio

* This is in line with our global exploration strategy of early access in basins with high potential

* Statoil entered its first license in South Africa in 2015, acquiring a 35% interest in the ExxonMobil-operated Tugela South Exploration Right Source text: Further company coverage: (Reporting By Terje Solsvik)

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