Exploration/Development Briefs

10/08/2012
Chad Chad has granted 100% interests in three production-sharing contracts (PSC) in the Doba, Doseo, and Erdis basins to Simba Energy Inc., Vancouver, BC. Signed protocols call for the parties to finalize the first-year work program and execute PSC documentation by Oct. 20. Two of the concessions are the 6,400 sq km Chari Sud I block and the southern 50% of Chari Sud Block II on 3,711 sq km. The adjacent blocks lie south of Griffiths Energy and Glencore International's DOB, DOI, and Borogop blocks where Mangara and Badila oil fields and other proved reserves are located (see map, OGJ, June 4, 2012, p. 44) Gravity and magnetic surveys and 2D seismic across both Chari Sud blocks indicat...
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