PetroNor E&P is pursuing an out-of-court settlement to resolve a lingering arbitration dispute over title to deep-water exploration acreage off The Gambia and Senegal following its recent merger with African Petroleum, its chief executive has confirmed.

The International Court for the Settlement of Investment Disputes is currently considering earlier claims lodged by African Petroleum for title to blocks A1 and A4 off the North-West African country, as well as to the Rufisque Deep and the Senegal Offshore South Deep (SOSD) tracts off neighbouring Senegal.