
Sunday, August 28, 2016
US independent oil and gas explorer, PanAtlantic Exploration, will join Equatorial Guinea’s licensing round roadshow, the EG Ronda. Members of the PanAtlantic management team will be in attendance at upcoming events lending their considerable expertise on exploring Equatorial Guinea’s offshore licenses.
The next stop for EG Ronda is Singapore.
PanAtlantic brings extensive geotechnical and operational knowledge of Equatorial Guinea’s hydrocarbon basins and will provide a valuable perspective on the PSC regime and investment landscape.
“President and COO H. Daniel Hogan states that: “The Equatorial Guinea Ronda 2016 provides a unique entry opportunity into an underexplored yet highly prospective portion of the Transform Margin, where multiple large oil and gas fields are already in production. PanAtlantic is honored to assist in presenting this opportunity to the oil and gas industry and our focus will be to highlight the key aspects of the petroleum system which will certainly drive future exploration success.”
PanAtlantic is operating more than 9,200 sq km in the highly prospective Transform Margin of West Africa. It holds three exploration licenses in Equatorial Guinea; Block W, Block K Corisco Deep, and Block 02.
“We are delighted that PanAtlantic will be joining us for this historic licensing round,” said Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea. “Their first-class industry and technical knowledge will be an enormous assets in communicating the advantages of investing in Equatorial Guinea and the exciting exploration opportunities that are still available.”