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E & P News

2016

Aug 2016: The subsidiary of African Petroleum, European Hydrocarbons Limited (EHL), received ratification for the First Extension Period on the SL-03 offshore license. The Petroleum Directorate also agreed to modify the work program and expenditure requirements in favour of EHL.

2015

Oct 2015: LukOil has now abandoned its 4,022 sq km,SL-5-11 deep water block. The first exploration well was drilled with semi-submersible drilling rig Eirik Raude in 2013.

Jul 2015: Talisman, LukOil, Anadarko and another company appear to have relinquished their blocks after results proved to be non-commercial.

2014

Jul 2014: African Petroleum will acquire more than 1,000 sq kms of 3D seismic data on offshore Block SL-4A-10 commencing in Q3 2014. The Company was awarded SL-03 in April 2010 and the adjacent Block SL-4A-10 as part of Sierra Leone’s third offshore licencing round in 2012.

2013

Oct 2013: LukOil completed drilling the Savannah-1X wildcat in the Sl-5-11 license to a depth of 4,425m. Several oil-bearing reservoirs were reportedly confirmed (GS notes: Russian companies never report failure, suggesting the field is not commercial).

Sep 2013: LukOil has spudded an exploration well in Block SL-5-11 in the Sierra Leone-Liberia basin in over 2000m of water. The Company is using the Erik Raude rig to drill the Savannah Prospect. Lukoil entered into the PSA in June 2011 as operator with 49%, along with Oranto (30%) and PanAtlantic (21%).

2012

Sep 2012: Chevron has been awarded 2 deep water blocks off Sierra Leone. The two blocks are SL-08A and SL-08B, combined into one concession between 120 and 180 kms SW of Freetown over an area of 5,500 sq kms. They have water depths ranging from 1,500m to 3,000m. Chevron will be operator with 55% with Noble Energy (30%) and Odye (15%).

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