$10,000,000
Tanzania Ruvuma Blocks
Scirocco Energy wishes to farm-out its Tanzanian portfolio. The company holds 25% interest on the Ruvuma PSA, encompassing Ntorya appraisal area and Mtwara licence. Ntorya gas discovery (2012) flowed at gross rates of 20.1 mmscfd. Work programme consists of 3D seismic acquisition, appraising the Chikumbi prospect and development of the Ntorya field.
Details
Asset Name
: Ruvuma Blocks
Ref
: AF-TZA-RB
Continent
: Africa
Country
: Tanzania
Location
: Onshore
Project Phase
: Appraisal / Development
Latitude
: -10.3352
Longitude
: 39.9175
Operator
: Aminex
Other partners
: Scirocco Energy
Farmout company
: Scirocco Energy
Work Programmes
: Seismic, Drilling, Development
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