$1,500,000,000
Chad Chari Permit (7 licences)
Exxon and Petronas are selling their interest into the Chad Chari project, comprising of production from the Kobe, Timbre, Kolobo, Maikeri, Miandoum and Nya Fields.
The project also includes the construction of a major crude oil pipeline, crossing Cameroon reaching to a marine terminal at the coast of Cameroon for exportation.
Details
Asset Name
: Chari Permit (7 licences)
Ref
: AF-TCD-CP14
Continent
: Africa
Country
: Chad
Location
: Onshore
Project Phase
: Production
Latitude
: 8.5347
Longitude
: 16.4750
Operator
: ExxonMobil
Other partners
: Petronas
Farmout company
: ExxonMobil, Petronas
Work Programmes
: Production, Other
Back Costs
: > $10m
Equity Offered
: 80 - 100%
FarmoutAngel Valuation
: >$100,000,000
FarmoutAngel confidence
: Medium
Consideration Sought
: $1,500,000,000