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PROJECT DETAILS
Morgan Oil and Gas has a team involved in the offshore oil & gas began drilling in the Gazania-1 well located in Block 2B offshore South Africa, with a view to uncovering over 300 million barrels of light oil. The well is being drilled near the 50-million-barrel AJ-1 discovery, with activities expected to continue into 2023. South Africa’s Orange Basin – which spans 130,000 square kilometers and also extends into Namibia – remains highly prospective for oil and gas reserves, with the Gazania prospect alone estimated to hold potential resources of approximately 350 million barrels.