African Petroleum in offshore Gambia farm-out talks

Nov. 2, 2016
African Petroleum has signed a letter of intent with an unnamed international E&P company.

Offshore staff

LONDONAfrican Petroleum has signed a letter of intent with an unnamed international E&P company.

This is a non-binding proposal concerning the possible acquisition of interests inlicenses A1 and A4 offshore The Gambia. African Petroleum currently holds 100% of both blocks.

It is conditional upon confirmation of the government of an extension of the exploration periods in both cases of at least 12 months.

11/02/2016