$50,000,000
Angola Block 32 (12 Licences)
Sonangol is divesting its equity stakes in the Block 32 PDAs which are operated by Total.
The open areas of Block 32 are also likely to be made available in the 2021 license rounds.
Details
Asset Name
: Block 32 (12 Licences)
Ref
: AF-AGO-B32
Continent
: Africa
Country
: Angola
Location
: Offshore
Project Phase
: Appraisal / Development
Latitude
: -7.2515
Longitude
: 11.1644
Operator
: TOTAL
Other partners
: Sonangol
Farmout company
: Sonangol
Mandated Agent
: None
Work Programmes
: Development
Back Costs
: Unknown
Equity Offered
: 80 - 100%
Deal Status
: Open
FarmoutAngel Valuation
: $50,000,000 - $100,000,000
FarmoutAngel confidence
: Low
Consideration Sought
: $50,000,000