Capricorn Energy plc said that at least 30 days’ continuous production on the Sangomar oil field had met the production condition relating to the sale of its interest in the PSC. TAX The company was informed by operator Woodside Energy plc which began production on 10 June, offshore Senegal. Capricorn added that Woodside, as recipient […]
Tag: production sharing contract
Europa expands into Equatorial Guinea
Europa Oil & Gas (Holdings) plc has broadened its portfolio with an interest in a production sharing contract, offshore Equatorial Guinea. DRILL-READY The company purchased 42.9% equity in explorer Antler Global Ltd via a US$3 million cash share subscription, payable in four instalments. Antler holds an 80% working interest in the “highly prospective” EG-08 PSC […]