operations senegal louga block

Senegal Louga Block

Key Features:

  • Onshore block of 27,000km2
  • Virtually unexplored acreage position but highly accessible terrain near Dakar/St. Louis
  • High potential Paleozoic play with multiple trapping scenarios
  • Ongoing renewal of EPSA
  • T5 proposed to be Operator with an initial 90% Working Interest, 100% Paying Interest (during the exploration phase)
  • Exploration term of 7 years, with an initial exploration period of 3 years
  • Work commitment: re-processing of existing 2D seismic profiles and acquisition, processing and interpretation of 1,100km of new 2D seismic profiles in first period, optional well commitment in second period
Louga Block

A major portion of the Louga Block is located on a Paleozoic basin. Petroleum exploration efforts in Senegal have historically been focused upon the exploration of the Mesocenozoic Basin. The existence of a Paleozoic Basin has presented significant hydrocarbon potential based on the results of various geological, geophysical and geochemical studies carried out during the different exploration phases.

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