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.

South 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

  • Approximately 17500 km2square offshore Orange Basin
  • Relinquished by BHP in 2016
  • More than 10 000 km2 of 3D seismic
  • Vintage and recent 2D seismic data tying to regional wells from neighboring blocks
  • License Granted 0n 6th February 2017