Sunbird Identifies 7.8 Tcf Gas Potential for South Africa Block

Southern African gas explorer and developer, Sunbird Energy has said that independent certification of Block 2A offshore South Africa has delivered Best Estimate Prospective Resource of 7.8 Tcf (Sunbird 76%: 5.9 Tcf).

In October 2013, Sunbird commissioned the independent assessment of the prospectivity of the Block 2A in which the Ibhubesi Gas Project (IGP) is located.

“The objective of the independent evaluation was to identify the exploration potential of the block and thereby assess the volume of gas that could potentially deliver future incremental gas to the IGP project,” the company said.

Sunbird believes that given the historically high exploration success rate within the block, which has seen 7 of the 11 wells drilled to date discover commercial volumes of gas, that there is a reasonable chance of further gas discoveries with which to build the gas portfolio and enhance the commercial potential of the IGP project.

“During 2014 Sunbird will continue to pursue our development planning, engineering design and gas commercialisation negotiations for the IGP. The completion of this material prospective resource evaluation provides Sunbird with important information to increase the gas portfolio, provides a roadmap to focus future exploration activities and confirms the potential of the greater Block 2A to supply additional gas to the IGP and ultimately gas-to-power customers in the energy constrained South African market,” Sunbirds said.

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