Ivory Coast has formally granted Rialto Energy Ltd., Perth, an exclusive exploitation area on Gazelle field on offshore Block CI-202 with the right to produce hydrocarbons for 25 years.
Ivory Coast has formally granted Rialto Energy Ltd., Perth, an exclusive exploitation area on Gazelle field on offshore Block CI-202 with the right to produce hydrocarbons for 25 years.
A three-well drilling campaign is under way at Gazelle. The P3 development well was spudded in March 2012. The program is aimed at converting the 58 million bbl of oil equivalent of gross mean contingent resources to reserves and to test the Chouette oil prospect, which could contain a gross mean prospective resource of 84 million bbl.
About the Author
Alan Petzet
Chief Editor Exploration
Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.
Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.
