Recent Visit to South Sudanese Ministry of Petroleum

Source: 5/17/2024, Location: Not categorized

Earlier this month WCAT held a series of very successful meetings with the Ministry of Petroleum (MOP) of South Sudan.

As reported in our RNS of the 7th of May, WCAT signed a 4-year MOU with the MOP to form a working party in order put into production proven oil assets in the country.

In February (2024) the Company passed due diligence and was given clearance to undertake large scale oil production purchases in the country. This was supplemented during the visit with the Petroleum Undersecretary granting WCAT "in country approval" and "preferential" status.

Gulf Oil and Gas
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