IMPACT FARMS-IN TO TOTAL'S NAMIBIA 2912 BLOCK
Impact has signed an agreement with Total to farm-in to their operated Block 2912, offshore Namibia, deep water Orange Basin.
Impact Oil & Gas Ltd is pleased to note today’s announcement from Total S.A of a significant gas condensate discovery in the Brulpadda-1AX, Block 11B/12B, offshore the southern coast of South Africa.
London 16 January 2019, Impact Oil & Gas (“Impact”), the African-focused pure exploration company, is pleased to announce that all resolutions submitted at the Company’s EGM held on 15 January 2019, pertaining to the to the placing by the Company to raise approximately USD$12.6 million were duly passed.
Impact has entered into a financing agreement with Arostyle Investments in the Exploration Right for Block 11B/12B offshore South Africa and the first exploration well on this licence
Impact is pleased to announce it has raised USD $10,000,000 through the exercise of options agreed under the previously announced subscription agreement on 7th February 2018.
Impact is a privately owned oil and gas exploration company, dedicated to discovering new potential in underexplored sedimentary basins offshore Africa.
With an established world class asset portfolio specifically focused on South and West Africa and an experienced management team, Impact has emerged as a leader of exploration in African frontier acreage.
Impact Oil & Gas aims to become a leading oil and gas exploration company.
With a clear strategic focus as an Africa only, pure exploration company, we are committed to building an attractive group of exploration assets and securing large independent and major oil companies as partners