Offshore staff
STOCKHOLM -- Svenska Petroleum Exploration has entered into a farm-in agreement with Edison International to acquire a 20% working interest in block CI-24 in the Ivory Coast.
Svenska has also entered into a farm-in agreement with Perenco Exploration and Production (Congo) to acquire a 29.75% working interest in Marine block IV in the Republic of Congo. The work program will entail acquisition of new 3D seismic, reprocessing of existing seismic, and acquisition of an aeromagnetic/gravity survey.
Completion is subject to government approval.
05/26/2009