ERHC Energy Inc (ERHE)

[Southern Man]

West Africa

History link.. http://sweetcrudereports.com/2016/12/08/sao-tome-to-terminate-oil-block-with-sinopec-sonangol-jv/

http://www.offshore-mag.com/articles/print/volume-77/issue-6/departments/global-e-p/north-america.html

BP has discovered gas with its first well in partnership with Kosmos Energy offshore Senegal. The drillship Atwood Achiever drilled Yakaar-1 in 2,550 m (8,336 ft) of water, 95 km (59 mi) northwest of Dakar in the Cayar Offshore Profond block. The well encountered 45 m (148 ft) of net pay in stacked reservoir sands within the Lower Cenomanian interval. Kosmos estimates potential resources at around 15 tcf: FEED for the partners’ nearby Tortue gas development should start later this year.
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Total has made its entry into deep offshore Senegal E&P, agreeing to operate the Rufisque Offshore Profond block in partnership with state-owned Petrosen. Among the various other recent transactions in this deepwater exploration hotspot, CNOOC UK has agreed to take a 65% interest from Impact Oil and Gas in the PSC for the AGC block in the offshore joint development zone between Senegal and Guinea-Bissau, west of the Dome Flore and Dome Gea oil discoveries.
FAR, a partner in Senegal’s SEN discovery to the north, is set to take an 80% operated interest from Erin Energy in blocks A2 and A5 off The Gambia, where 3D seismic analysis has revealed three large prospects similar to the shelf-edge plays FAR has targeted off Senegal. And African Petroleum is in talks with the Gambian government on admitting an experienced deepwater operator to assume control of the A1 and A4 offshore exploration licenses, which could lead to drilling of at least two deepwater wildcats.
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Cote d’Ivoire’s government has awarded Eni 90% operated stakes in blocks CI-101 and CI-205, 50-80 km (31-50 mi) south of Abidjan. Both are in the eastern part of the Tano basin, where Eni is already an operator on the Ghanaian side of the offshore median line between the two countries.
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GE Oil & Gas has signed a Memorandum of Understanding with Lekoil for development of the Ogo field in the OPL310 lease offshore Nigeria. Lekoil’s estimated share of the resources is close to 232 MMboe. Assuming successful appraisal drilling around the turn of this year, GE would participate in the ensuing full-field development, applying its technology and expertise and receiving a share of cashflow from the resultant production.
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Golar LNG has contracted Keppel Shipyard in Singapore to convert the LNG carrier Gandria to serve Fortuna FLNG, Africa’s first deepwater floating LNG project. This would harness gas discovered by Ophir Energy on Equatorial Guinea’s offshore block R. State-owned GEPetrol will participate in the upstream portion of the project and could also take a 30% stake in the vessel. Assuming a positive final investment decision, first should follow during mid-2020.