Equatorial Guinea: PanAtlantic seeks partners

US independent PanAtlantic Exploration has announced it will take part in the government’s licensing round roadshow events as it seeks farm-in partners for its three offshore blocks. PanAtlantic entered Equatorial Guinea’s Block K in 2010 and also has operating interests in Block W and Block EG-02. The company is offering an inventory of ready-to-drill exploration prospects with estimated resource potential of 3.4m barrels of oil. The blocks are largely covered by 3D seismic, and with regional 2D lines available that tie into nearby fields. The 3D data from EG-02 and Block W were recently reprocessed.