Enercom - The Oil and Gas Conference Presentation
Enercom - The Oil and Gas Conference Presentation
Enercom - The Oil and Gas Conference Presentation
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• Block size 887 sq km in shelf to deep water<br />
• Water depths of 150-1,000m<br />
• Governed by the same PSC as OML 120 with<br />
ENI<br />
• Located directly south of OML 120<br />
• Covered by 3D seismic<br />
• Ebolibo Field<br />
• Encountered more than 90 feet of<br />
gas in the Pliocene<br />
• Ebolibo-1 drilled in 2007<br />
• CAK has a 60% contractual interest<br />
• 5-7% economic interest without<br />
participation<br />
• Up to 30% economic interest with<br />
participation<br />
OML 121<br />
Exploration Block<br />
11<br />
OM L 121
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