ExxonMobil, Sterling relinquish Ampasindava block offshore Madagascar

May 8, 2015
ExxonMobil Exploration and Production (Northern Madagascar) and Sterling Energy (UK) Ltd. have signed to relinquish the Ampasindava block offshore Madagascar. 

Offshore staff

LONDON – ExxonMobil Exploration and Production (Northern Madagascar) and Sterling Energy (UK) Ltd. have signed to relinquish the Ampasindava block offshore Madagascar.

After a subsurface reassessment of Ampasindava prospectivity, and with Phase 3 of the exploration period expiring in mid-2016, the partners met with Madagascar’s Office des Mines Nationales et des Industries Stratégiques and agreed to relinquish the tract.

05/08/2015