Funds in place for 2D seismic survey offshore Somalia

Offshore staff

LONDON – Soma Oil & Gas Holdings has secured a $50-million equity investment from Winter Sky.

This will allow the company to complete the initial stages of an exploration program offshore Somalia, thereby satisfying its obligations to the government of the Federal Republic of Somalia.

Soma now aims to finalize a contract with a seismic contractor for a planned 2D exploration program.

01/13/2014

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