Europétrole, le portail de l'industrie du pétrole
 accueil | actualité française | actualité internationale | recherche | interviews | focus | actualité par entreprise | actualité pétrole/gaz de schiste 
Partager :

  • Addax Petroleum Announces New Acreage Award Offshore Cameroon
    édité le 03/04/2008 - Plus de news de "Addax Petroleum" -

Addax Petroleum Announces New Acreage Award Offshore Cameroon
Addax Petroleum Corporation announces today that it has signed a Production Sharing Contract (“PSC”) with the Republic of Cameroon, relating to the Iroko exploration license area. Under the PSC, Addax Petroleum acquires a 100 per cent interest in the Iroko license area and is the operator. The Société Nationale des Hydrocarbures (“SNH”), the national oil company of Cameroon, holds a back-in right of 30% in case of a development.

Commenting, Jean Claude Gandur, President and Chief Executive Officer of Addax Petroleum said: “I am delighted that Addax Petroleum has been awarded this promising exploration acreage by the Republic of Cameroon, situated in the prolific Rio del Rey Basin where the overwhelming majority of Cameroon’s production is located. We are excited by our exploration potential offshore Cameroon which we believe can deliver near-term value for our shareholders and the country. We are presently drilling our first exploration wells on the Ngosso license area and later in 2008 we plan to drill on Iroko.”

In consideration for its interest in Iroko, Addax Petroleum is obligated to pay a signature bonus of US$3 million and undertake within the first three years a minimum work program valued at US$17.5 million, which includes the acquisition of 3D seismic data and the drilling of one well.

The Iroko license area covers an area of 15.75 square kilometres (3,890 acres) and lies approximately 30 kilometres offshore Cameroon where the water depth is approximately 40 metres. Presently, there are no wells drilled on Iroko but there is oil production nearby from the Pecten (Shell)-operated Mokoko-Abana field complex.

Origine : Communiqué Addax Petroleum

Les dernières news de "Addax Petroleum"

Rechercher une news

française internationale

Les dernières news internationales

>> Toute l'actualité internationale     >> RSS
Recherche de news par tags

abu-dhabi acquisition adnoc aker-bp aker-solutions algeria algerie algerie alstom anadarko angola apache australia axens azerbaijan baker-hughes barents-sea bechtel bg-group bp brazil canada carburant cbi cgg chevron china chiyoda cnooc cnpc co2 commission-europeenne compressor conocophillips consommation cpdp deepwater discovery drilling e-on edf egypt engie engineering eni equinor equinor exxonmobil feed flng fluor fluxys foster-wheeler fpso fsru fugro gabon gas gaz gazprom gazprom-neft gdf-suez ge germany ghana gnl gtt gulf-of-mexico guyana halliburton hess india indonesia inpex iraq italy jacobs jgc kbr keppel licence lng lukoil lundin maersk-drilling malaysia mcdermott methanier mexico mozambique natural-gas nigeria nigeria nord-stream north-sea norway novatek offshore oman omv opec pemex petoro petrobras petrofac petronas pgnig pipeline platform production qatar qatar-petroleum qatargas raffinerie refinery repsol rig riser rosneft russia rwe saipem santos saudi-aramco schlumberger senegal shale-gas shell socar sonatrach statoil subsea subsea-7 survey tap technip technipfmc texas total tullow turbine ufip uk us vallourec vopak well wintershall wood-group woodside

Europétrole © 2003 - 2022