$10,000,000
Chad Blocks DOC & DOD
Delonex Energy is divesting Blocks DOC and DOD situated in the Doba Basin, southern Chad. The blocks contain 4 oil discoveries, with 2C Contingent Resources of 12.6mmbbls, and a number of prospects and leads.
Details
Asset Name
: Blocks DOC & DOD
Ref
: AF-TCD-BDOCD
Continent
: Africa
Country
: Chad
Location
: Onshore
Project Phase
: Appraisal / Development
Latitude
: 8.9500
Longitude
: 16.2647
License Start
: 2017
License Expiry
: 2022
Operator
: Delonex Energy
Farmout company
: Delonex Energy
Work Programmes
: Drilling
Back Costs
: $1m - $10m
Equity Offered
: 80 - 100%
Deal Status
: Open
FarmoutAngel Valuation
: $10,000,000 - $25,000,000
FarmoutAngel confidence
: Medium
Consideration Sought
: $10,000,000