$10,000,000
Angola Block 28
ENI are seeking to divest equity in this deepwater block in the Namibe Basin. The Namibe salt basin is frontier acreage and is undrilled although has the key elements of a working petroleum system.
Details
Asset Name
: Block 28
Ref
: AF-AGO-B28
Continent
: Africa
Country
: Angola
Location
: Offshore
Project Phase
: Frontier
Latitude
: -14.80539
Longitude
: 11.81459
License Start
: 2019
License Expiry
: 2024
Operator
: ENI
Other partners
: Sonangol
Farmout company
: Sonangol
Mandated Agent
: None
Work Programmes
: Drilling
Back Costs
: $1m - $10m
Equity Offered
: 20 - 40%
Deal Status
: Open
FarmoutAngel confidence
: Medium
Consideration Sought
: $10,000,000