$15,000,000
Senegal Sadiaratou & Diender Permits
Africa Fortesa Corporation are seeking a partner to help scale up production onshore Senegal. The company holds onshore E&P Permits, with (2) Drilling Rigs, Gas Pipelines to Dakar markets.
The Gadiaga Gas Field has been in production since 2002 with gas-to-Power for Bankable Industrial & Public Markets.
4-well drilling program at NBW-1, NB-1, AT-1, AT-2P & into Sands producing at Gadiaga or also as in DW Offshore Discoveries
3 well Gadiaga Field re-entry program to raise production into existing Fortesa owned infrastructure (i.e. to >$50,000/ day)
Drilling Plan Funded for (3) new wells in 3 Play Concepts. These are: InstraSlope, On-lapping Trend, and African Shelf
Details
Asset Name
: Senegal Sadiaratou & Diender Permits
Ref
: AF-SEN-DIEN
Continent
: Africa
Country
: Senegal
Location
: Onshore
Project Phase
: Production
Latitude
: 14.94
Longitude
: -16.96
License Start
: 2002
Operator
: Africa Fortesa Corp
Other partners
: None
Farmout company
: Africa Fortesa Corp
Mandated Agent
: none
Work Programmes
: Production
Back Costs
: Unknown
Equity Offered
: Unknown
Deal Status
: Open
FarmoutAngel Valuation
: $10,000,000 - $25,000,000
FarmoutAngel confidence
: Medium
Consideration Sought
: $15,000,000