MOSSEL BAY - Oil company Total and its Canadian counterpart have started the first ever deep water offshore exploration drilling in South African waters.
It will cost a whopping $200-million to drill just one well, and the entire project is expected to last up to 120 days.
The floating rig is 180 kilometres offshore from Mossel Bay and uses 70,000 litres of petrol a day.
The drilling which started this past weekend has so far reached 100 metres below the sea bed, but it's hoped a depth of 3,500 metres will be reached.
* eNCA reporter Sandy McCowen has more on this story. Watch the video in the gallery above.