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Equatorial Guinea: White Rose joins Block H group

White Rose Energy Ventures has taken a farmout to earn a 48.75% operated interest in Block H off Equatorial Guinea, where an exploratory well is to be drilled in 2012.

White Rose is acquiring its interest from Atlas Petroleum International and ROC Oil (Equatorial Guinea) Co. and becomes technical manager of activities on the block, where the current period of the production sharing contract has been extended until February 2013. The block contains several prospects, including Aleta to be drilled, and leads.

The block group consists of White Rose, Atlas 25%, ROC Oil 20%, and PA Resources AB 6.25%.

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