$5,000,000
Madagascar Manja/Block 3108
Crown Energy wishes to farm down its share on Manja/Block 3108 and complete exploration work on the licence, including drilling well at target depth 3,500m. Gross prospective resources are estimated at 1,071 mmboe.
Details
Asset Name
: Manja/Block 3108
Ref
: AF-MGD-M
Continent
: Africa
Country
: Madagascar
Location
: Onshore
Project Phase
: Exploration
Latitude
: -21.1714
Longitude
: 44.2037
Operator
: Amicoh
Farmout company
: Crown Energy
Mandated Agent
: Simco
Work Programmes
: Drilling
Back Costs
: $1m - $10m
Equity Offered
: 40 - 60%
Deal Status
: Open
FarmoutAngel Valuation
: $5,000,000 - $10,000,000
FarmoutAngel confidence
: Medium
Consideration Sought
: $5,000,000