$10,000,000
Sudan Block 6
Petro-Energy E&P are looking to divest their 100% stake to fund development.
Block 6 lies in the Muglad Basin and contains numerous oil fields that have formerly been in production.
Petro-Energy E&P: CNOOC/CNPC 95%, SUDAPET 5%
Details
Asset Name
: Block 6
Ref
: AF-SDN-B6
Continent
: Africa
Country
: Sudan
Location
: Onshore
Project Phase
: Production
Latitude
: 11.5764
Longitude
: 27.4897
Operator
: Petro-Energy E&P
Other partners
: Sudapet
Farmout company
: Petro-Energy E&P
Work Programmes
: Development, Production
Back Costs
: > $10m
Equity Offered
: Unknown
Deal Status
: Open
FarmoutAngel Valuation
: $10,000,000 - $25,000,000
FarmoutAngel confidence
: High
Consideration Sought
: $10,000,000