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New Opportunity for potential partners

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PetroSA, the Petroleum, Oil and Gas Corporation of South Africa (SOC) Ltd, intends to find technically competent and financially robust partners for its domestic oil and gas assets offshore South Africa. PetroSA has engaged EY (formerly Ernst & Young) to sell a part of its equity in each of the Blocks listed below:


Asset PetroSA's Current equity (%)
Block 1 40
Block 2C 35
Block 3A/4A 50
Block 5/6 20
Block 9 North 100
Block 9 South 100
Block 11a 100
E-CB field 100
E-BK field 100
*F-O Field 100
​​​* Only 10% BBBEE equity on offer

EY has commenced a formal farm out process. All queries from parties interested in participating in the farm out process should be directed to the following persons at EY:

​J​​on Cla​​r​​k ​Tab​rez Khan ​​Christo Roux

Partner

​Director

​Partner

+44 20 7951 7532

​+44 746 903 3573

​+27 11 502 0123

jclark5@uk.ey.com

tkhan@uk.ey.com

christo.roux@za.ey.com