Scandoil  

EnerGulf announces Joint Operating Agreement for Namibia Offshore Block 1711


Published Jun 16, 2014
EnerGulf Resources Inc.

EnerGulf Resources Inc. announce a Strategic Exploration Agreement between Gazania 148 Investments (Pty) Ltd ('Gazania') and EnerGulf Namibia Ltd ('EnerGulf'), a wholly owned subsidiary of the Company, for Offshore Block 1711, Republic of Namibia ('Block 1711').

The Agreement includes a negotiated Joint Operating Agreement ('JOA') for Block 1711 which has been submitted to the Ministry of Mines and Energy and NAMCOR (National Oil Company of Namibia) for review and approval. The Petroleum Agreement grants EnerGulf a 15% working interest, Gazania a 75% working interest, and NAMCOR a 10% carried working interest to production.

Tags: EnerGulf Resources Inc.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml