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OPL 257

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Owner: Conoil

Shore Type: offshore

Block Rights: OPL

OPL 257

Working Interests

*Conoil | 50.000%

Total | 40.000%

Tigerhead PSTI | 10.000%

Oil Fields

Field Name

-

-

Updates

OPL257 - Contractual Terms and Work Status

2nd September, 2006

webmaster

OPL257 - Contractual Terms and Work Status- OPL (Oil Prospecting License)

The type of contract for OPL 257 is a PSC.
WI-PI: Conoil (op. 50%), Total H (ta. 40%), New Tigerhead PSTI Ltd (10%)
Acreage: 371.6 km˛ WD: 1650-2000m

1st five-year exploration period:
Effective date: 09/02/06 Expiration date: 08/02/11
Commitments:
- 2 exploratory wells

2nd five-year exploration period:
Effective date: 09/02/11 Expiration date: 08/02/16
Commitments:
- 3D seismic acquisition (100km˛)
- 5 exploratory / appraisal wells

Source: http://conoilproducing.com/View/Index/32/OPL-257

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