In May 2018, ZCCM Investments Holding Plc (ZCCM) was awarded Blocks 39 and 44 both of which cover acreage within the Kariba Basin. Block 39 covers some 3,833 sq km and is located adjacent to the south west of the 6,269 sq km Block 44 (previously operated by Swala Energy (Zambia) Ltd).   The blocks were awarded with an initial exploration periods of four years with the option for a further two three year periods (4+3+3). The first exploration period is understood to expire in May 2022.  2D seismic data acquired by Mobil in the 1980âs was reprocessed and interpreted by Swala Energy Ltd as part of the work programme. Gravity and seismic data suggests that the basin has a thick sequence of Karoo-aged sediments. It is known to play host to significant coal deposits and hence is being looked at for its Coal Bed Methane Potential. Â   ZCCM is the sole participant in both licences.
Zambia, not found