$10,000,000

Angola Block 23

Sonangol P&P are divesting their 100% stake in Block 23. The block contains the Azul Field discovered by Maersk in 2011.

Details

Asset Name : Block 23
Ref : AF-AGO-B23
Continent : Africa
Country : Angola
Location : Offshore
Project Phase : Appraisal / Development
Latitude : -11.24746
Longitude : 13.04791
Operator : Sonangol P&P
Other partners : None
Farmout company : Sonangol P&P
Work Programmes : Drilling
Back Costs : $100,000 - $1m
Equity Offered : 80 - 100%
FarmoutAngel Valuation : $10,000,000 - $25,000,000
Consideration Sought : $10,000,000

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