Exploration focus on Guinea-Bissau and West Africa

Exploration activities were focused on our operated Guinea-Bissau licences and the Atum well location and planning, as well as Exploration New Ventures projects areas in West Africa and the Middle East.

To diversify our exploration portfolio, we strive to add new West African exploration acreage going forward, preferably on ground-floor terms through participating in licensing rounds. Our Exploration New Ventures (ENV) activities build to a large degree on our previous screening work spanning the region from Congo to Cameroon, which has given us a solid foundation that will be used to evaluate open acreage or farm-in opportunities.
 

 

 


The work of evaluating the Kossipo North and Central prospects due east and adjacent to the producing Baobab field ended with a recommendation to drill the Kossipo North compartment as a commercially viable drilling target, which was drilled just after the planned Baobab infill drilling is completed in the spring of 2019. The Kossipo Central fault compartment would also be a viable target for drilling and is the likely next exploration target in case of success in Kossipo North.