$10,000,000
Gambia Blocks A2 & A5
FAR is looking for an additional partner to drill next well in blocks A2 & A5, located in the MSGBC basin. The Bambo-1 well was rilled in ecember 2021 and the Soloo prospect is the next to be drilled.
Details
Asset Name
: Blocks A2 & A5
Ref
: AF-GMB-A2A5
Continent
: Africa
Country
: Gambia
Location
: Offshore
Project Phase
: Exploration
Latitude
: 13.3329
Longitude
: -17.2486
License Start
: 2019
Operator
: FAR
Other partners
: Petronas
Farmout company
: FAR
Mandated Agent
: None
Work Programmes
: Drilling
Back Costs
: $1m - $10m
Equity Offered
: 20 - 40%
Deal Status
: Open
FarmoutAngel Valuation
: $10,000,000 - $25,000,000
FarmoutAngel confidence
: Medium
Consideration Sought
: $10,000,000