The Federal Government of the Republic of Somalia ("the Federal Government") is pleased to announce that Soma Oil & Gas Exploration Limited (Soma) has completed the offshore seismic acquisition programme across the Offshore Evaluation Area of 122,000 sq km as part of Soma's commitment under the Seismic Option Agreement ("SOA") agreed between the Federal Government and Soma on the 6th August 2013.

The seismic acquisition programme carried out by Soma concluded in June 2014 with over 20,500 km lines of 2D seismic data. The processing of the seismic data is expected to be completed by the end of 2014. Under the terms of the SOA, this data will be gifted to the Ministry of Petroleum & Mineral Resources, Federal Government of Somalia ("the Ministry") through the creation of a data room, along with processed and re-processed historic seismic data collected prior to 1991.

Tags: Soma Oil & Gas Exploration Limited