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Issue 238 - 07 September 2012

Sierra Leone licensing awards

Subscriber

In December 2011, the Sierra Leonean government, through the Petroleum Directorate, issued a call for tender on its third bid round, inviting companies to apply for nine offshore blocks.

Sierra Leone
Subscriber

Licence awards to unknown companies have caused a storm in Sierra Leone, with government officials blaming a ‘transparent’ process imposed on them by external consultants for the controversy. Thalia Griffiths and Eleanor Gillespie investigate the exploration boom in an emerging Transform Margin play.

Sierra Leone
Issue 238 - 07 September 2012

Elenilto play follows Liberia controversy

Free

Elenilto is part of Israeli businessman Jacob Engel’s Russia-focused real estate company Engelinvest. It has some history in the West Africa mining sector but no apparent oil exploration expertise.

Sierra Leone
Subscriber

President Ernest Bai Koroma is seeking another term in November’s elections in the face of fierce opposition from the Sierra Leone Peoples Party (SLPP), whose candidate is the former military leader Julius Maada Bio. The SLPP has said it will re-examine and possibly renegotiate all oil and mining contracts if it is elected

Sierra Leone
Issue 237 - 10 August 2012

Sierra Leone: Talisman to drill

Subscriber

Canada’s Talisman Energy is due to spud a well on its Block SL-4B-10 in mid-September, and is finalising a farm-down arrangement to reduce costs.

Sierra Leone
Subscriber

Sierra Leone has provisionally awarded eight blocks to a mixed bag of bidders following a licensing round which opened in December. A statement from State House on 9 July said the nine blocks on offer had attracted 59 applications.

Sierra Leone
Free

Frank Timis’ African Petroleum Corporation has announced the provisional award of offshore Block SL-4A-10, along with Kosmos Energy.

Sierra Leone
Subscriber

The government has ratified an agreement for Canada’s Talisman Energy to take over the operatorship of Block SL-4B-10 (AE 231/13).

Sierra Leone
Subscriber

Sierra Leone’s much vaunted reconciliation is looking more fragile than ever as November’s elections approach, at a time when – as African Energy’s new upstream oil update table shows – resources companies are expressing more interest than ever in the country’s potential for yielding hydrocarbons and minerals, writes Thalia Griffiths

Sierra Leone
Issue 231 - 18 May 2012

Timis seems well entrenched

Subscriber

Some of the names already involved in the Sierra Leone natural resources sector are controversial. Frank Timis’ London AIM-listed African Minerals Ltd (AML) is developing the Tonkolili iron ore project, while his National Stock Exchange of Australia-listed African Petroleum Corporation has offshore exploration block SL-03.

Sierra Leone
Issue 230 - 04 May 2012

Upstream pointers: West Africa

Subscriber

ANADARKO: Côte d’Ivoire, Sierra Leone setbacks; NIGERIA: Providence completes Aje sale to Jacka

Sierra Leone | Nigeria | Côte d'Ivoire
Subscriber

With IFIs lining up to support the UN’s Sustainable Energy for All initiative, the European Investment Bank is looking to play a significant role in kick-starting investment

Ghana | Sierra Leone | Liberia
Issue 226 - 01 March 2012

Finds raise hopes for region

Subscriber

After several dry wells, two new finds have offered confirmation of the potential of the West African Transform Margin beyond Ghana, with African Petroleum announcing Liberia’s first oil find, and success for Anadarko with the Jupiter well offshore Sierra Leone.

Sierra Leone | Liberia
Subscriber

Canada’s Talisman Energy farmed into Block 4B-10 in mid- 2011, taking 80%. The seller was the British Virgin Islands UK-registered Prontinal, which with its predecessor company #8 Investments Inc had owned the block since the 2002 licensing round. Sierra Leonean petroleum unit sources last spring said that Talisman, which does not have a large Africa footprint following the 2003 sale of its Sudan interests, had bought into the block,but the company declined to confirm this at the time. In 2009,Simco Petroleum Management opened a data room for Prontinal which was attended by some 30 companies.

Sierra Leone
Issue 225 - 16 February 2012

Talisman seeks partners for Block 4B-10

Subscriber

Canada’s Talisman Energy farmed into Block 4B-10 in mid-2011, taking 80%

Sierra Leone