BG joins Tanzanian offshore blocks

BG Group has official consent from the United Republic of Tanzania to farm-in blocks 1, 3, and 4 offshore southern Tanzania.

May 26th, 2010

Offshore staff

READING, UK – BG Group has official consent from the United Republic of Tanzania to farm-in blocks 1, 3, and 4 offshore southern Tanzania. Upon completion of the agreements, BG will acquire 60% of Ophir Energy Plc’s current 100% holdings in the blocks.

The farm-in acreage covers more than 27,000 sq km (19,425 sq mi) in the Mafia Deep Offshore basin and part of Ruvuma basin with water depths from 100 m to more than 3,000 m (328 ft to 9,842 ft).

05/26/2010

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