The remaining 50% equity is retained by UK explorer Premier Oil.
Covering 74,329 square metres, the Havoc deal includes contiguous PSCs Daora, Haouza, Mahbes, while Mijek is separated from the others by acreage currently held by a joint venture between Tower Resources and Wessex Exploration.
Partners believe “a very large delta was deposited in the offshore area during the Lower Cretaceous (with) all the elements of an effective petroleum system” — optimism reflected in plans by Kosmos Energy and partner Cairn Energy to spud the Gargaa wildcat before the end of the year in the Haouza contract area.
The
