Fossil fuels have been discovered in Angola and now Mozambique. Theoretically this area might still be under-explored.
Sasol Petroleum Sofala, a wholly owned subsidiary of Sasol Petroleum International, has completed its first exploration well, Njika-1, in Block 16/19
in Mozambique. The well is located in waters at a depth of 460 meters and was drilled to a total depth of 1615 meters. The well accessed the predicted targets
and measurements indicate the presence of gas. The well is currently being tested.
"This is extremely encouraging news but we still need to complete a significant amount of work before we can establish the commerciality of this
discovery," Strauss said.
"A development in the deep offshore areas of Mozambique will require large investments and gas finds have to be substantial in order to be economically
viable. We will only be able to determine commerciality after extended testing and further appraisal work is done."
This exploration is a further development of Sasol's significant gas business in Mozambique. |
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