Sao Tome: Kosmos takes two more EEZ blocks

Kosmos Energy has taken two more blocks in São Tomé and Príncipe’s Exclusive Economic Zone (EEZ), in a farm-in agreement with Equator Exploration. Equator, 81.5% owned by Toronto-listed Oando Energy Resources, has farmed out 65% operated stakes in blocks 5 and 12 to Kosmos, which licensed EEZ blocks 6 and 11 late last year (AE 311/1). Equator signed the production-sharing contract (PSC) for Block 12 in February with São Tomé’s National Petroleum Agency (ANP-STP). The PSC for Block 5 was signed in April 2012 and a 1480km2 3D seismic survey was acquired in April 2015.