ExxonMobil to explore offshore South Africa; deal for 75% interest in Tugela South
Green Car Congress
DECEMBER 19, 2012
Exxon Mobil Corporation’s affiliate, ExxonMobil Exploration and Production South Africa Limited, will soon begin exploration activities offshore South Africa. The ExxonMobil affiliate signed an agreement with Impact Africa Limited (Impact), a subsidiary of Impact Oil & Gas Limited, to acquire a 75% participating interest in the Tugela South Exploration Right and will become operator. The Impact Oil and ExxonMobil areas offshore South Africa.