Morocco: Sound considers Tendrara farm-in

Issue 300 - 15 May 2015 | 1 minute read
Operator Oil and Gas Investment Fund (Ogif) has given AIM-listed Sound Oil a 30-day period of exclusivity in relation to a potential farm-in to the onshore Tendrara licence. Tendrara is currently held 75% by Ogif and 25% by the Office Nationale des Hydrocarbures et des Mines, and Sound said on 11 May it had offered to take a 55% operated interest. Sound, which is active offshore Italy, said the licence contained two stranded gas discoveries with low-risk appraisal potential, plus significant exploration upside.

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AfricaHardball - political risk strategy roundtable


17 January 2023, online

This political risk strategy roundtable  – part of the monthly AIX membership programme – will identify a range of upcoming political, commercial and reputational issues, and discuss scenarios to help stakeholders refine their strategies.  

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