$10,000,000
Chad DOB Mangara Block
Glencore is divesting the Mangara Block and associated Mangara and Krim 1 Fields. The Fields are covered by 3D and have produced but may now be in decline. The Mangara Field produces 10,000 to 14,000 bopd
This is part of a wider divestment by Glencore of its assets in Chad.
Details
Asset Name
: DOB Mangara Block
Ref
: AF-TCD-DOBM
Continent
: Africa
Country
: Chad
Location
: Onshore
Project Phase
: Production
Latitude
: 8.8500
Longitude
: 15.8500
Operator
: Glencore
Farmout company
: Glencore
Work Programmes
: Development
Back Costs
: $1m - $10m
Equity Offered
: 80 - 100%
Deal Status
: Open
FarmoutAngel Valuation
: $5,000,000 - $10,000,000
FarmoutAngel confidence
: Low
Consideration Sought
: $10,000,000