CAMAC Energy Inc.’s wholly owned subsidiary, CAMAC Energy Gambia Ltd, awarded a contract for the acquisition of a 3D seismic survey to Polarcus Limited. The survey will cover approximately 1,504 km2 in the Company's A2 and A5 blocks offshore Gambia.
The objectives of the seismic survey are to enhance the definition and maturation of potential prospects in the blocks and provide high-quality sub-surface images that allow high-resolution characterization of reservoirs. The A2 and A5 blocks are located in the offshore Casamance sub-basin, which forms the southern part of the greater Senegal Basin.
The southern area, including blocks A2 and A5, now has a proven petroleum system in place due to two recent discovery wells on an adjacent offshore Senegal block.