The Stamp of their honor…Exxon Mobil, Taleveras, Ophir win Equatorial Guinea Oil Blocks.
Major announcements were made today coming from the African Oil and Gas Conference in Cape Town.
Exxon Mobil, in a press statement confirmed it has signed its Production Sharing Contract, with Equitorial Guniea for Oil acreage E.G.-11, hereby heading the list of acreage winners in Equatorial Guinea’s latest licensing bidding round. All winners were revealed by Equatorial Guinea’s Minister of Mines and Hydrocarbons Gabriel Obiag-Lima on Monday in Capetown at a press conference.
UK based Ophir Energy won the block EG 24, whilst Taleveras picked the highly potential EG-07 Oil block and Clonterf Energy landed Block EG-18.
The West African nation’s Ronda 2016 open and competitive bidding round was declared a success by Industry analyst and watchers.
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