$10,000,000
Gambia Blocks A2 & A5
FAR is looking for an additional partner to drill next well in blocks A2 & A5, located in the MSGBC basin. The Bambo-1 well was rilled in ecember 2021 and the Soloo prospect is the next to be drilled.
Details
Asset Name
:
Blocks A2 & A5
Ref
:
AF-GMB-A2A5
Continent
: Africa
Country
: Gambia
Location
: Offshore
Project Phase
: Exploration
Latitude
:
13.3329
Longitude
:
-17.2486
License Start
: 2019
Operator
:
FAR
Other partners
:
Petronas
Farmout company
:
FAR
Mandated Agent
:
None
Work Programmes
: Drilling
Back Costs
: $1m - $10m
Equity Offered
: 20 - 40%
Deal Status
:
Open
FarmoutAngel Valuation
: $10,000,000 - $25,000,000
FarmoutAngel confidence
: Medium
Consideration Sought
:
$10,000,000