Exxon Mobil, Taleveras, Ophir Win Equatorial Guinea Oil Blocks


Lagos Nigeria June 06 – Exxon Mobil, on Monday announced that it has signed its Production Sharing Contract, with Equitorial Guniea for Oil acreage E.G.-11, hereby heading the list of acreage winners in Equatorial Guinea’s latest licensing bidding round.
This announcement was among the major ones made at the African Oil and Gas Conference in Cape Town.
All winners were revealed by Equatorial Guinea’s Minister of Mines and Hydrocarbons Gabriel Obiag-Lima on Monday in Capetown at a press conference.
UK based Ophir Energy won the block EG 24, whilst Taleveras picked the highly potential EG-07 Oil block 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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