$10,000,000
Angola Block 44
Exxon & Sonangol P&P will divest to fund first exploration well.
Exxon have finded 3D seismic surveys over these frontier blocks and are likley to divest ahead of drilling.
Details
Asset Name
:
Block 44
Ref
:
AF-AGO-B44
Continent
: Africa
Country
: Angola
Location
: Offshore
Project Phase
: Frontier
Latitude
:
-15.7058
Longitude
:
10.9747
Operator
:
ExxonMobil
Other partners
:
Sonangol
Farmout company
:
ExxonMobil, Sonangol P&P
Mandated Agent
:
None
Work Programmes
: Drilling
Equity Offered
: 20 - 40%
Deal Status
:
Open
FarmoutAngel Valuation
: $25,000,000 - $50,000,000
FarmoutAngel confidence
: High
Consideration Sought
:
$10,000,000
