Oil & Gas Companies: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account Gulfoilandgas rss feed Follow us on Facebook  Jobs 
Products and vendors Services and providers Oil & Gas Software and publications

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) >>

Africa Oil Supply in September 2014
Guinea >>  9/18/2014 - Africa’s oil production is anticipated to increase by 50 tb/d in 2014 to 2.45 mb/d, indicating a downward revision of 20 tb/d in volume from the previ...
Foster Awarded EPCm Contract by Sasol in Mozambique
Mozambique >>  9/16/2014 - Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and constr...

Egypt and Cyprus Agree on Joint Development of Natural Gas Resources
Egypt >>  9/11/2014 - President Abdel Fattah Al-Sisi has issued a presidential decree that ratifies the previously signed framework agreement between Egypt and Cyprus on th...
KBR Wins Contract for Two Ammonia Plants in Algeria
Algeria >>  9/10/2014 - KBR, Inc. has been awarded a contract by Fertial SpA to provide licensing and basic engineering design services to revamp Fertial’s Annaba and Arzew a...

Ghana Gas Project to Start Production End 2014
  Ghana >>  9/2/2014 - Ghana's delayed project to supply gas from its offshore Jubilee oil field will start production by the end of the year, President John Mahama said on ...
Bureau Veritas Wins FPSO Work Offshore Angola from Saipem
Angola >>  8/26/2014 - Bureau Veritas has been awarded a contract by Saipem to provide classification and certification services for the two KAOMBO FPSOs for service off Ang...



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 >> 

More News

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

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

Related Links

Countries Quick Links

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