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DR Congo: Total pulls out of lake block

Total has signalled its intention to pull out of Block III on the Congolese side of Lake Albert which is up for renewal. Its South African partner Efora Energy said the licence had been extended to July 2019 for the remaining partners to carry out a review of the technical data to decide what part of the licence to relinquish. Total E&P RDC previously held 66.7% in Block III. Johannesburg-listed Efora now has the option to increase its working interest to 42.5%.

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African Energy Gulf States Newsletter