African Petroleum gets two deepwater permits offshore Senegal

Offshore staff

LEEDERVILLE, Western Australia – African Petroleum Corp. Ltd. has landed two offshore block exploration permits offshore Senegal.

African Petroleum Senegal Ltd. has agreed with Société des Pétroles du Sénégal and République du Sénégal to acquire the Rufisque Offshore Profond and Senegal Offshore Sud Profond license blocks.

African Petroleum will hold 90% interest in the blocks and will be the operator. The blocks cover a combined 18,277 sq km (7,044 sq mi). The company says it will target deepwater Upper Cretaceous submarine fans which it considers to have the same potential as Jubilee in Ghana and Mercury in Sierra Leone. 



Map of African Petroleum’s offshore Senegal holdings.

11/29/2011



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