$1,000,000
Sudan Block 25
RPOC are looking to divest their stake in the block to fund further seismic and drilling.
The block lies in the Melut Rift Basin and as yet there have been no discoveries.
RPOC: SUDAPET 70%, Express 15%, Misana 15%
Details
Asset Name
: Block 25
Ref
: AF-SDN-B25
Continent
: Africa
Country
: Sudan
Location
: Onshore
Project Phase
: Exploration
Latitude
: 12.2296
Longitude
: 32.9314
Operator
: RPOC
Other partners
: Sudapet
Farmout company
: RPOC
Work Programmes
: Seismic, Drilling
Back Costs
: > $10m
Equity Offered
: Unknown
Deal Status
: Open
FarmoutAngel Valuation
: $500,000 - $1,000,000
FarmoutAngel confidence
: Medium
Consideration Sought
: $1,000,000