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Tuesday, 15 May 2018

Ophir farms-out Equatorial Guinea offshore assets

Ophir farms-out Equatorial Guinea offshore assets

15 May 2018, News Wires – London-based Ophir Energy said it has entered into a farm-out agreement with Kosmos Energy covering the EG-24 exploration license in Equatorial Guinea. Under the terms of the agreement, Kosmos will acquire a 40 percent non-operated interest in Block EG-24. In consideration, Kosmos will fully carry Ophir for the cost of a block-wide 3D seismic …

The post Ophir farms-out Equatorial Guinea offshore assets appeared first on SweetCrudeReports.

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