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| Operations & Production |
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VSM32 E&P CONTRACT
Working interest : |
100% |
Location : |
Upper Magdalena Valley |
Area : |
665 sq.km |
Contract period : |
Contract awarded in April 2009 with an exploration period of up to 6 years and exploitation period of up to 24 years for each discovered field |
Operator : |
Emerald Energy |
Block VSM32 is located in the Upper Magdalene Valley, adjacent to the company’s Matambo block, and the Company believes the block may contain exploration potential analogous to the Gigante field.
The work commitment during the first phase of the ANH exploration and production contract, lasting 36 months, consists of the acquisition of 86 km of new 2D seismic data and the drilling of one exploration well.
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| © 2005 Emerald Energy Plc. All rights reserved. |
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