$5,000,000
Angola Block 05/06
Block 05/06 contains the Mubafo, Pakubalu and Muambe Fields. It is operated by Sonanagol P&P who hold 100%.
Sonangol is looking to divest its interest in 8 offshore oil & gas blocks by way of a tender process, safeguarding the rights of the existing partners.
Details
Asset Name
: Angola Block 05/06
Ref
: AF-ANG-BLK5
Continent
: Africa
Country
: Angola
Location
: Offshore
Project Phase
: Appraisal / Development
Latitude
: -8.2007
Longitude
: 12.9882
Operator
: Sonangol P&P
Other partners
: None
Farmout company
: Sonangol
Mandated Agent
: None
Work Programmes
: Seismic, Drilling, Production
Back Costs
: $1m - $10m
Equity Offered
: 80 - 100%
Deal Status
: Open
FarmoutAngel Valuation
: $10,000,000 - $25,000,000
FarmoutAngel confidence
: High
Consideration Sought
: $5,000,000