The Promotion Division is responsible for attracting oil and gas exploration investment to South Africa and for quantifying South Africa’s oil and gas resources. We comprise a small group of earth scientists, drafting and support staff, who work with exploration data to identify and advertise new opportunities for investment and to reduce risk for prospective operators. We advertise these opportunities through displays at international oil and gas conventions and exhibitions, country and company visits, advertisements and our data room at our offices in Cape Town. There are two departments in the division, viz. the Frontier Geology Department and The Resource Evaluation Department.
Frontier Geology is responsible for evaluating and attempting to quantify the potential of the offshore beyond the reach of current exploration technology, as well as that of the onshore Karoo Basin where very little exploration has taken place to date and existing data is very old, so that the basin’s potential is still poorly understood. Frontier Geology is concerned with conventional as well as future sources of hydrocarbon resource such as gas hydrates offshore and coalbed methane and shale gas onshore.
The Resource Evaluation Department is responsible for evaluating and quantifying the potential of the offshore areas around South Africa that can be exploited through current exploration and production technology. This department is tasked with the identification of exploration opportunities in this area and for facilitating the entry of new explorers into the South African upstream industry. A major responsibility is the upkeep of a quantified and risked inventory of exploration opportunities.