The Group has extensive oil and gas exploration and operating experience and holds interests in highly prospective and relatively unexplored regions in Africa.
The Group operates and has a 100% interest in the Bomono Permit. Two exploration wells were recently drilled and tested (EWT) on the permit which is largely unexplored by modern exploration methods.
The Group has a 20% non-operated interest in the offshore shallow water Etinde Permit (formerly block MLHP-7), where plans for appraisal drilling are underway and a staged development of the liquids-rich discoveries on the acreage are advancing.