Ricocure (Pty) Ltd is an upstream oil and gas exploration company based in Bedfordview, South Africa. The company is 100% black-owned and managed. The company has exploration acreage in South Africa and another license application in Namibia. Ricocure is a long-term focused exploration player with acreage in very prospective and underexplored basins in Southern Africa.
Figure 1: Deep Orange Basin block off the west coast of the Republic of South Africa
Block 3B/4B Summary – Deep Offshore Orange Basin