Ibekelia

| Ibekelia |
|
Working Interest
|
20% |
Production Start-up
|
– |
Production Peak
|
– |
| Operator |
Sterling Energy |
| Work Programme |
Technical Evaluation Agreement |
Ibekelia Licence Area
Background
Afren has a 20% interest in Ibekelia, in conjunction with Joint Venture (“JV”) partners Sterling and Addax. Negotiations with the government (DGH) have been concluded on the proposed work programme and commercial terms for a PSC on the Ibekelia permit. The JV is in the process of deciding the next steps towards conversion of the Ibekelia permit into a full PSC.
Fast Facts
- Ibekelia TEA is adjacent to the Gamba and Olowi oilfields