Akura is based in Nadi, and holds a 100% interest in Blocks OEL 1/2009, OEL 2/2009 and OEL 3/2009, which were granted on 21 August 2009 for five years.

Since then, Akura has carried out a detailed petroleum data ­recovery exercise, and has reprocessed, digitised and reinterpreted previous seismic data.

It has also looked at data from past oil and gas exploration, ­including drilled wells and reported seeps.