Congo (DRC) Operations and Licences

Operations

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In the Democratic Republic of Congo (DRC) Tullow signed a production Sharing Agreement (PSA) in July 2006 to gain a 48.5% operated interest in Blocks I and II in the prospective Albertine Rift Basin.

Blocks I and II cover some 6,500 sq km onshore and offshore the Congo (DRC) part of the Albertine Rift Basin which extends into neighbouring Uganda. The work programme for the first 5-year period includes a number of technical studies, 800 km of 2D seismic and 4 wells.   The Congolese President still has to sanction the PSA.

Tullow has interests (50-100%) in all three blocks on the Ugandan side of the Albert Graben where recent exploration resulted in five oil discoveries that have significantly enhanced the prospectivity of this rift basin. As a result an aggressive exploration and appraisal programme is planned for Uganda and Congo (DRC).

Licences

Licence Fields
Area
Sq Km
Tullow
Interest
Operator Other Partners
Block I  
3,700
48.5%
Tullow Heritage, Cohydro
Block II  
2,870
48.5%
Tullow Heritage, Cohydro
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