Tullow seals Angola agreement

Tullow Oil has concluded a farm-in agreement with Ocean Angola Corporation, a subsidiary of Devon Energy, to assume a 15% interest in Block 24 offshore Angola.

Tullow seals Angola agreement
Fri, 06 Jan, 2006 - 07:56

Tullow Oil has concluded a farm-in agreement with Ocean Angola Corporation, a subsidiary of Devon Energy, to assume a 15% interest in Block 24 offshore Angola.

Block 24 is located in the Southern Kwanza Basin and is operated by Devon Energy. The Block is situated immediately to the west of Block 10, where Tullow also has a 15% interest and recently participated in two wells.

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CourtsBusinessHeathrowPlace: AngolaPlace: 24Place: Block 24Place: Southern Kwanza BasinPlace: Block 10Place: Blocks 10Person: Aidan HeaveyOrganisation: TullowOrganisation: Tullow OilOrganisation: Ocean Angola CorporationOrganisation: Devon EnergyOrganisation: Iseq
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