Further to the spud announcement on 18 September 2017, SDX Energy Inc., the North Africa focused oil and gas company, has announced that a gas discovery has been made at its KSR-14 development well on the Sebou permit in Morocco, of which SDX has a 75 per cent working interest
The production sharing agreements (PSA) comprises a first exploration period of two years followed by a second exploration period for a maximum of two years for both licenses
Sonangol and several oil operators, have met with João Lourenço, president of Angola, and released a joint statement identifying concerns in regard to the development of the oil sector
Simba Essel Energy Inc has advised that its partner Essel Group Middle East has signed an agreement with Bell Geospace to conduct a comprehensive airborne FTG (Full Tensor Gravity Gradiometry) survey across Simba’s exploration block in Liberia
The contract will see Bell Geospace fly Full Tensor Gravity Gradiometry (FTG) surveys across 2,962km2 of the onshore coastal strip of Liberia lying within the known extent of the Roberts-Bassa basin.
Bringing its considerable strength in high resolution gravity technology, Bell Geospace will commence survey flights during last quarter 2017 and early 2018. The outcome of the surveys will provide processing and interpretive surveys resulting in 3D imaging of the complex sub-surface geology of this highly prospective exploration block.
Bell Geospace will use a Basler BT-67 flying at low altitude to conduct the survey.
Mr. Hassan Hassan, Managing Director, Operations, Simba Essel Energy Inc. comments: “We are very pleased to once again work with Bell Geospace and look forward to beginning the next stage in the development of our Liberian Hydrocarbon Reconnaissance Permit. Acquiring FTG data over the onshore/shallow water will provide valuable data which will be critical in planning the future seismic program"
The United Nations Economic Commission for Africa (ECA) has released a video about how central African economies can move forward, particularly in the context of a low oil price environment
