17th Feb 2016 07:59
LONDON (Alliance News) - Oil and gas explorer SacOil Holdings Ltd on Wednesday said it has started the acquisition of 2D seismic data from the Block III project in the Democratic Republic of Congo.
The company has started the work following the recent award of a two-year extension to the licence granted to operator Total SA, the French oil giant.
The survey will focus in the northern part of the Block III area, in which SacOil holds a 12.5% effective interest.
By Sam Unsted; [email protected]; @SamUAtAlliance
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