The Canadian explorer, which has 60% ownership in the Quifa SW and Quifa East areas, would create 120 “clusters” supporting up to 960 production wells, according to the plan approved by the nation’s National Environmental Licence Authority (ANLA).
It would also cover a central production facility, injection pads, campsites, electrical substations and other infrastructure.
"We are very excited about receiving this important permit which will allow the Company to expand Quifa SW production in the near term to a plateau rate of approximately 60,000 barrels per day, achieve cost optimisations, and advance our exploration campaign in the Quifa East Area, converting resources into reserves and adding additional production over time,” chief executive Ronald Pantin said in a statement.
