South Africa’s Orange Basin Gains Momentum as Navitas Takes Block 1 CKB Operatorship

Following regulatory approval from the South African government, Navitas Petroleum has assumed operatorship of Block 1 CBK offshore South Africa. This follows Eco Atlantic’s completion of a farm-down of a 37.5% working interest in the license to Navitas. The deal provides the Atlantic Margins explorer’s partner with one of the Orange Basin’s largest exploration blocks. […]