Congo (DRC) Operations and Licences
Operations
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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