By Giulia Petroni

 

Total SE said Wednesday that it made a second significant gas condensate discovery in the Outeniqua Basin, 175 kilometers (108.7 miles) off the southern coast of South Africa.

The French energy major said the discovery was made on the Luiperd prospect, which is located on Block 11B/12B. This follows an adjacent discovery in 2019.

"The Luiperd well was drilled to a total depth of about 3,400 meters and encountered 73 meters of net gas condensate pay in well-developed good quality Lower Cretaceous reservoirs," the company said.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

October 28, 2020 04:49 ET (08:49 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
TOTAL (NYSE:TOT)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more TOTAL Charts.
TOTAL (NYSE:TOT)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more TOTAL Charts.