The government has signed formal documentation approving the farm-in to the company’s largest Seychelles exploration block.
Under the agreement, Ophir will take a 75% interest in WHL’s offshore petroleum exploration area.
WHL managing director David Rowbottam and Ophir commercial director Glenn Corrie signed the agreement with Vice-President Danny Faure.
The farm-in agreement includes an amended petroleum agreement with has changes to the minimum work commitments extending the current exploration period to 31 July 2016.
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