15th Mar 2006 15:33
Total S.A.15 March 2006 Total Awarded New Offshore Exploration Block in Cameroon Paris, March 15, 2006 - Total has been awarded, by the government of Cameroon, the Bomana exploration block in the offshore Rio Del Rev basin. Total will be the operator of this block with a 100% interest. The 140-square-kilometre block is located near concessions operated byTotal in Cameroon. Total is the operator of the Rio Del Rey permit in Cameroon partnered withPecten Cameroon and the Societe Nationale des Hydrocarbures. The Group's operated production in Cameroon is around 60,000 barrels of oil per day. This acquisition is in line with Total's strategy in Cameroon consisting ofseeking opportunities to increase its present acreage, a strategy that beganApril of 2005 when the group was awarded the Dissoni block. ************** Total is the fourth largest oil and gas company in the world with operations in more than 130 countries. Total's activities cover the whole energy chain of the petroleum industry: exploration, oil and gas production, refining and marketing, trading and power generation. The Group is also a major player in chemicals. Total has more than 111,000 employees worldwide. More information can be found on the company's website: www.total.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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