CAMAC Energy’s wholly owned subsidiary, CAMAC Energy Gambia Ltd, awarded a contract for the acquisition of a 3D seismic survey to Polarcus Ltd. The survey will cover approximately 1,504-sq km over its A2 and A5 blocks offshore Gambia. The objectives of the seismic survey are to enhance the definition and maturation of potential prospects in […]

Sonde Resources Corp. executed an Exclusivity and Sale and Purchase Agreement with an arm’s length party. The Exclusivity Agreement provides for a 90-day period of exclusivity during which the parties have agreed to negotiate in good faith the terms of definitive documentation (Sale and Purchase Agreement and ancillary agreements) to complete the sale of the […]

Madagascar Oil has been in discussion with the executive committee regarding its blocks in Madagascar, specifically Blocks 3105, 3106, and 3107. The company wrote to OMNIS officially requesting a two-year extension to the exploration period of each of the blocks. The letters to OMNIS were delivered on December 12 ahead of the scheduled end date […]