Ricocure has reportedly been awarded full explo rights to former BHP block 3B/4B, 17,500 sq km in the Orange Basin. It had been awarded under TCP terms in Feb â17 in WD 300-2,500m.   In parallel, sister South African company Sezigyn has reportedly been assigned its rights to the adjacent, former Shell Orange Deepwater Area, 37,400 sq km undrilled in the deepwater Orange Basin and under TCP terms since Nov â17.
Ricocure has been granted exploration rights over Block 3B/4B that was relinquished by BHP in 2016.