The French explorer will -- pending final government approval -- retain a 65% stake in Block 14 as it gears up for the country's maiden deep-water drill, according to an investor day presentation.
Total believes the "giant" Raya-1 oil prospect possesses estimated mean resource potential of over 1.5 billion barrels of oil equivalent.
"This is a very exciting prospect," exploration senior vice president Kevin McLachlan told analysts.
The
