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Thursday, October 16, 2014
ERHC Energy’s subsidiary in Chad, ERHC Energy Chad, saw the launch of the airborne gravity/magnetic survey it contracted for its BDS 2008 license.
The survey is being carried out by Bridgeporth who is flying the 4,720 line km survey, focusing on the two main areas identified by ERHC’s technical team. The two areas under scrutiny are located north of Esso’s Tega and Maku discoveries in the Doseo basin and to the east of and on trend with OPIC’s Benoy-1 discovery in the Doba basin.
The Doba and Doseo basins feature active exploration and development projects with discoveries exceeding 1,290 million boe. ERHC also has contracted with Bridgeporth to process and interpret the collected gravity/magnetic data.
“We are proud to reach this major milestone in our exploration work program in the Republic of Chad, which is an under-appreciated oil producing nation with new fields coming on-stream that could double oil production by the end of 2015,” said ERHC president and CEO Peter Ntephe.
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