Gulf Oil and Gas accountACCOUNT

EnerGulf Provides Update on DRC Project

Source: www.gulfoilandgas.com 2/13/2009, Location: Africa

Share |
EnerGulf is pleased to announce, that it signed the Joint Operating Agreement (JOA) with COHYDRO, the national oil and gas company of the Democratic Republic of Congo (“DRC”), setting out the various terms of which EnerGulf, as Operator, is to manage the exploration activities on its Lotshi Block.

The Lotshi Block covers approximately 475 square km of the Les Zones du Bassin Côtier in the onshore coastal salt basin of western DRC contiguous to Cabinda, Angola, and is in relatively close proximity to the offshore Cabinda, Malongo and Takula field complexes operated by Chevron; the onshore and offshore Perinco fields in DRC; and onshore M’Boundi field, operated by ENI in the Republic of Congo.

COHYDRO is non-operator and has a 10% carried interest in the block. EnerGulf owns the remaining working interest in the block. The JOA is considered an important step forward in the process. The company is now preparing for a seismic program to further define the prospectivity of the block and to identify optimal drill targets.

EnerGulf Resources Inc. is a publicly traded international oil and gas exploration company focused on maximizing shareholder value by targeting high impact opportunities in the world's most prospective hydrocarbon regions.

Oil & Gas Companies News in Congo, Democratic Republic (Zaire) >>

Ghana >>  9/23/2016 - Fendercare Marine, part of James Fisher and Sons Plc, was awarded a major floating hose support contract for the Tweneboa, Enyenra, and Ntomme (TEN) d...
Egypt >>  9/12/2016 - Eni reached a production of 700 million cubic feet of gas per day, corresponding to 128,000 barrels of oil equivalent per day (boed) of which 67,000 n...

Congo >>  9/8/2016 - Africa’s oil supply is projected to average 2.11 mb/d in 2016, a decline of 30 tb/d y-o-y and revised down by 10 tb/d from the previous MOMR. In 2016,...
Egypt >>  9/7/2016 - Last week, the Minister of Energy of Cyprus, Mr. George Lakkotrypis, and the Minister of Petroleum and Mineral Resources of Egypt, Eng. Tarek El Molla...

Angola >>  9/6/2016 - FMC Technologies, Inc. will provide subsea multiphase boosting pumps, manifolds, and installation support services for Eni Angola's Block 15/06 West H...
Egypt >>  8/31/2016 - Eng. Tarek El-Molla, Egyptian Minister of Petroleum and Mineral Resources, and Cypriot Minister of Energy, industry, tourism and Commerce , Mr.Yiorgos...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Congo, Democratic Republic (Zaire) Oil & Gas 1 >> 

Oil & Gas Projects in Congo, Democratic Republic (Zaire) >>

More News

 

Oil & Gas Companies in Congo, Democratic Republic (Zaire) >>


Related Links

AO BJ BW CD CG CI CM DJ DZ EG EH ET GA GF GH GM GN GQ GW KE LR LY MA MG ML MR MW MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.