On 13 October 2011 the Boards of Dominion and Ophir announced that they had reached agreement on the terms of a recommended offer to be made by Ophir to acquire the entire issued and to be issued share capital of Dominion
Ophir has a 100% interest in the Block L9 PSC in Kenya. The Government retains a 10% back-in right. Block L9 is located in the offshore covering an area of 3,833 sq km with water depth between 600 to 1,400 metres.
- 100% participating interest, Block L9
- Gross areas: 3,833km²
- Water depths up to 1,400m
Block L9 contains two principal play systems, an inboard carbonate play and an outboard clastic play.
It is covered by a relatively dense grid of high-quality seismic data together with over 2,000 sq km of modern 3D seismic surveys. The carbonate play was tested by BG in Block L10A with the Sunbird-1well drilled in 2014 which reportedly “intersected a gross hydrocarbon column of 44 metres in the Miocene reef”. Ophir is determining a work programme for the rest of the current exploration period.