Continental Focus, International Reach

Sound Spuds TE-9

Sound Energy has spud the first well in its planned three-well drilling program. The company spud the TE-9 well on October 17 on the Greater Tendrara permit in Morocco. The TE-9 well will test the A1 prospect in the company’s permit area, located roughly 19 km northwest of its Tendrara production concession. The main wellbore […]

October 21, 2018 Read More

ENI Signs for Moz Block A5-A

ENI signed a contract with the Mozambican government to obtain exploration and production rights for the offshore Block A5-A, located in the Angoche Basin. This signature comes three years after the allocation of the block as part of the country’s fifth offshore licensing round. Under the terms of the agreement, ENI will operate the scope […]

October 18, 2018 Read More

Ghana Launches First Ever Competitive Bid Round

Ghana launched a licensing round on October 15. This is the first open and competitive bidding round that the country has held, previously choosing to hold direct negotiations with oil and gas firms for acreage. Ghana is offering up three blocks in its offshore Central Basin. According to reports, the licensing round has already attracted […]

October 17, 2018 Read More