Africa Oil has agreed to acquire a 20% stake + operatorship in block 3B/4B from Azinam, who will retain 20% along with Ricocure 60%.Â  Block 3B/4B lies over 17,581 sq km in the Orange Basin in WD 300-2,500m. The deal does not comprise the smaller block 3B/4B (nearshore) of ab. 900 sq km:
Africa Oil has agreed to acquire a 20% stake + operatorship in block 3B/4B (17581kmÂ²), in the in WD 300-2,500m from Azinam (-> 20%, Ricocure 60%). The deal does not comprise the smaller block 3B/4B (nearshore) of ab. 900kmÂ².