Cameroon (SNH) Launches New Licensing Round

The Executive General Manager of National Hydrocarbons Corporation of Cameroon (SNH) invites interested parties to a presentation and data consultation for the promotion of four (04) open blocks in the Bomana, Lungahe and Ndian River Blocks, in the Rio del Rey Basin, and the Manyu Block, in the Mamfe Basin, in the Cameroon Mining Domain.

The licensing round was launched on January 14th 2014, and the latest date for submission of proposals will be June 25th, 2014.

The data consultations are organised in collaboration with Dancy Dynamics Ltd and CGG, International Consultants in the domain of specialised services in data management.

The data consultation sessions will be available in London on 23-25th April and in Houston from 28-30th April.  On the mornings of Wednesday 23rd and Monday 28th there will be an opportunity to hear presentations on the exploration opportunities, the contractual and fiscal terms, and the legal framework for upstream petroleum activities in Cameroon.  Private data rooms will be available for three days, with slots available to book for private viewing, and we also have a private room for one-to-one meetings.

Please contact Tracey Dancy  for more information, to book attendance at the presentation opportunities or to arrange for your private viewing of the data in either London or Houston.

 

Details of blocks available for exploration:

The BOMANA (139.67 Km2) and LUNGAHE (83.60 Km2) Blocks are within very close proximity to existing oil producing fields and have 3D seismic data coverage as well as hydrocarbon discovery wells. These two blocks are in Conventional Petroleum Operations Zones as defined by the Petroleum Code.

The NDIAN RIVER (2 510.00 Km2) Block has 2D seismic data coverage and well data as well as identified leads; and is located in shallow water, near-shore, and mangrove and inland environments. The MANYU (1209.00 Km2) Block is covered by inland forest and neither has seismic coverage nor well data. These two blocks qualify as “Special Petroleum Operations Zones” as defined in the Petroleum Code.

In accordance with the Petroleum Code, Bomana and Lungahe blocks will be licensed for an initial period of up to three (3) years, renewable twice, for periods of two (2) years each, while the Ndian River and Manyu Blocks will be licensed for an initial period of up to five-(5) year renewable twice for a period of two (2) years each.