Taleveras has won the highly potential E.G.-07 oil block in the Equitorial Guinea latest licensing oil block licensing round.
The winners of the bidding round were revealed by Equatorial Guinea’s Minister of Mines and Hydrocarbons Gabriel Obiag-Lima on Monday in Capetown at a press conference.
Other winners announced include Exxon Mobil which has signed its Production Sharing Contract, with Equitorial Guniea for Oil acreage E.G.-11 top the list of acreage winners in the bidding round.
UK based Ophir Energy won the block EG 24 and Clonterf Energy landed Block EG-18.
The West African nation’s Ronda 2016 open and competitive bidding round was declared a success by Industry analyst and watchers.
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