Elixir acquires Sierra Leone operatorship

March 17, 2008
Elixir Petroleum has acquired an interest in, and been appointed operator of, block SL-4, offshore the Republic of Sierra Leone.

Offshore staff

LONDON -- Elixir Petroleum has acquired an interest in, and been appointed operator of, block SL-4, offshore the Republic of Sierra Leone.

The 4,429-sq km (1,710-sq mi) block is one of six awarded offshore exploration blocks in the region. The company plans a 3D seismic program for the area to begin in 3Q 2008.

"Block SL-4 represents a relatively low-risk, low-cost entry for Elixir into what we hope will emerge as a new petroleum province," says Andrew Ross, Elixir's MD. "The acquisition of 3D seismic data is a key requirement in evaluating and refining drilling targets identified from the existing 2D seismic data set."

03/17/2008