Exxon and Equinor pulling out of South Africa, where they were partnered with Impact in the east adjacent to the TRP blocks. This means Exxon and Equinor are fully out of South Africa and Impact are left holding the fort in the shared licences. Due to seismic results, the blocks are not priority........bigger fish to fry in other words
Which may place Namibia in a prime position, this is really important as Exxon are potential farm out partners
ExxonMobil and Equinor set to exit South Africa
HTTP://www.upstreamonline.com/exploration/exxonmobil-and-equinor-set-to-exit-south-africa/2-1-863671
HTTP://www.spglobal.com/platts/en/market-insights/latest-news/oil/082720-equinor-to-drop-south-african-exploration-portfolio-after-poor-seismic-results
https://impactoilandgas.com/assets/south-africa-tugela-south/
https://impactoilandgas.com/assets/south-africa_algoatranskei/