$500,000
Cuba Block 14/13 NE
Petro Australis is seeking investment in two blocks; Block 21 A-P, which contains the Pina oilfield and Block 14/13 NE which has considerable exploration upside.
Details
Asset Name
: Cuba Block 14/13 NE
Ref
: NA_CUB_14/13NE
Continent
: North America
Country
: Cuba
Location
: Onshore
Project Phase
: Exploration
Latitude
: 22.2
Longitude
: -78.6
License Start
: 2020
Operator
: Petro Australis
Other partners
: None
Farmout company
: Petro Australis
Mandated Agent
: Moyes & Co
Work Programmes
: Seismic
Equity Offered
: 40 - 60%
Deal Status
: Open
FarmoutAngel Valuation
: $1,000,000 - $5,000,000
FarmoutAngel confidence
: Medium
Consideration Sought
: $500,000