Ophir Energy plc (“Ophir” or “the Company”) announces it has expanded its footprint offshore Gabon by signing exploration and production sharing contracts for two additional blocks.
Ophir has interests in six blocks in Gabon: Mbeli, Ntsina, Manga, Gnondo, Nkouere and Nkawa. All of these are located offshore in the North Gabon basin in water depths of up to 2,500 metres.
Ophir has a 50% operated interest in the Mbeli and Ntsina Blocks, a 100% operated interest in the Gnondo and Manga Blocks and a 100% operated interest in the Nkawa and Nkouere Blocks acquired in 2014.Close
- Shot over 10,000 sq km of seismic across six blocks in a single campaign over six months. Data processing was completed in March 2016 and interpretation studies are underway.
- Interpret extensive 3D seismic data and develop prospect inventory.
operated interest in four Blocks
play fairways have been identified
Processing of the 10,000 sq km Olumi Rouge 3D survey acquired in 2014 was completed in 1Q 2016.
Gravity and magnetic data acquired with the seismic survey has been processed and interpreted confirming Ophir’s previous understanding of the crustal morphology of the North Gabon Basin. Integrated analysis of the seismic and potential fields data will be conducted during 2016 to determine the forward work programme on the six blocks.