Zambia: Block 26 exploration license formalized

Exile Resources Inc., Toronto, has received the formal exploration license for Block 26 in northeastern Zambia.

By OGJ editors
HOUSTON, Feb. 23
– Exile Resources Inc., Toronto, has received the formal exploration license for Block 26 in northeastern Zambia.

Exile, working on early-stage analysis of the block, has said two large companies have approached it about participation. The work program requires spending $250,000 over 4 years.

Zambia has no oil or gas production.

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