Serica Energy secured Interest Petroleum Agreement in Luderitz basin offshore Namibia

Sponsor Links

Serica Energy has secured an 85% interest in a petroleum agreement covering four large blocks and part blocks in the Luderitz basin, offshore Namibia. Serica said it will conduct a 3D seismic survey and undertake reprocessing of existing 2D seismic data during the initial four-year exploration period of the licence.

The licence award, which covers an area of about 17,400 sq km, includes Blocks 2512A, 2513A, 2513B and 2612A (part) in the centre of the Luderitz basin.

The company’s wholly owned Namibian subsidiary has been awarded the interest by the Namibian Ministry of Mines and Energy, in partnership with the National Petroleum Corporation of Namibia and Indigenous Energy.

Tags: , , , ,

Energy | November 4, 2011