SacOil Announce Start of 2D Seismic Data Acquisition in DR Congo
Block III, Albertine Graben, Democratic Republic of Congo. With the granting of a two-year extension to current exploration period of Block III by the Minister of Hydrocarbons of the Democratic Republic of Congo (“DRC”), Total E&P RDC (“Total”) as operator of Block III, has commenced with the acquisition of a 2D seismic survey.
As reported previously, the current survey design envisages the acquisition of 300 km of 2D seismic data over the northern part of the Block III area. The survey will not encroach on the Virunga National Park.
This seismic acquisition program is in fulfilment of the work program obligations.
SacOil holds a 12.5% effective interest in Block III.
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