Liberia: Simba doubles exploration area


Issue 345 - 05 May 2017 | 1 minute read

National Oil Company of Liberia has granted Simba Energy a new reconnaissance licence that increases its acreage by 1,595.7km2 for a total of 2,961.7km2. The newly expanded exploration area connects Simba’s existing onshore concession of 1,366km2 with the addition of 1,595.7km2 of shallow offshore acreage which adjoins offshore blocks LB-14 operated by Chevron and LB-13 operated by ExxonMobil. The new reconnaissance licence is valid for two years, in which Simba has committed to a full tensor gravity gradiometry survey, and an initial phase of 2D seismic acquisition, followed by 3D seismic acquisition if deemed necessary.

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