Petrodel brings in Afren on Tanga
Issue 206
- 02 Apr 2011
| 2 minute read
Afren has acquired a 74% operated interest in the offshore Tanga Block from Isle of Man-based Petrodel Resources. The block is directly south of Afren’s Kenyan blocks L17 and L18. Petrodel will retain 26% and Afren will reimburse a percentage of past costs, as well as funding a new 900km 2D survey and a shallow water exploration well, up to a total of $40m.
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