Future giant discoveries may be lurking in the Outeniqua Basin offshore South Africa, according to Anongporn Intawong, a team leader geologist at Spectrum. Future giant discoveries may be lurking in the Outeniqua Basin offshore South Africa, according to Anongporn Intawong, a team leader geologist at Spectrum. “What we are seeing is that [there] might be a future giant discovery in this basin,” Intawong told oil and gas industry delegates at a conference in London Thursday, which was attended by Rigzone. Although Intawong didn’t speculate on the potential size of any future discoveries, previous finds in the Outeniqua Basin have yielded recoverable reserves of up to 314 million barrels of oil equivalent, the Spectrum representative said. Interesting talk from Spectrum’s Anongporn Intawong on the potential of the Outeniqua Basin offshore South Africa – FP Event , London pic.twitter.com/MrOuATWYen — Andreas Exarheas (@Andreas_Ex) 23 February 2017 In an encouraging announcement for […]