| Description: |
Envoi has been engaged by New Age African Global Energy ('NewAge') to assist in the search for a new partner to join in the exploration of the large Algoa-Gamtoos Licence, offshore South Africa, which NewAge operates in 50/50 partnership with London-listed Tower Resources plc.
The 9,369 km2 acreage straddles the Algoa and Gamtoos Basins, positioned at the eastern end of a series of en-echelon petroleum basins on the southern shelf margin of South Africa, which developed during the Jurassic break-up and separation of southern Africa from the Falkland Plateau of South America.
For additional information, please click the "Company Website" Link.
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