$2,000,000
Senegal Cayar Shallow and St. Louis Shallow
Atlas Oranto are seeking to farm-down interest in two licenses in underexplored, prospective acreage. The blocks have thick Upper Cretaceous channel and fan systems contiguous with the offshore oil and gas discoveries. Numerous leads have been identified.
Extensive 2D and 3D seismic database covering licenses. Potential work program would be integration of regional database incorporating offshore discovery wells , reprocessing existing seismic database.
Details
Asset Name
: Senegal Cayar Shallow and St. Louis Shallow
Ref
: AF-SEN-Cayar
Continent
: Africa
Country
: Senegal
Location
: Offshore
Project Phase
: Exploration
Latitude
: 15.5
Longitude
: -17
Operator
: Atlas Oranto
Other partners
: None
Farmout company
: Atlas Oranto
Mandated Agent
: Moyes & Co
Work Programmes
: Drilling
Back Costs
: Unknown
Equity Offered
: Unknown
Deal Status
: Open
FarmoutAngel Valuation
: $1,000,000 - $5,000,000
FarmoutAngel confidence
: Medium
Consideration Sought
: $2,000,000