$5,000,000

Guinea Bissau/Senegal AGC Ultra Deep Blocks 3 & 4

Rhino Resources Ltd seeking partner for Ultra Deep Blocks 3 & 4.

Extensive modern 2D seismic with microbeam & seeps survey.

Basin Floor Fan plays basinward of the successful shelf edge play.

Farm-in partner required to fund 3D seismic ahead of drilling.

Details

Asset Name : Guinea Bissau/Senegal AGC Ultra Deep Blocks 3 & 4
Ref : AF-GNB-UDB3
Continent : Africa
Country : Guinea-Bissau/Senegal JEZ
Location : Offshore
Project Phase : Exploration
Latitude : 11.688133635429681
Longitude : -18.001716613769528
License Start : 2016
License Expiry : 2024
Operator : Rhino Resources Ltd
Farmout company : Rhino Resources Ltd
Mandated Agent : none
Work Programmes : Seismic
Back Costs : Unknown
Equity Offered : 60 - 80%
Deal Status : Open
FarmoutAngel Valuation : $1,000,000 - $5,000,000
FarmoutAngel confidence : Medium
Consideration Sought : $5,000,000

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