$10,000,000
Angola Blocks FS and FST
Somoil are the operator of these onshore blocks containing numerous discovered fields. Somoil are seeking investment to fast track development and bring the first fields into production.
Details
Asset Name
: Angola Blocks FS and FST
Ref
: AF-AGO-FSFST
Continent
: Africa
Country
: Angola
Location
: Onshore
Project Phase
: Production
Latitude
: -6.28727
Longitude
: 12.45895
Operator
: Somoil
Other partners
: Sonangol P&P, Sonangol EP
Farmout company
: Somoil
Mandated Agent
: None
Work Programmes
: Development
Back Costs
: $1m - $10m
Equity Offered
: 20 - 40%
Deal Status
: Open
FarmoutAngel Valuation
: $10,000,000 - $25,000,000
FarmoutAngel confidence
: High
Consideration Sought
: $10,000,000