Congo (former Zaire)

Congo (former Zaire) issued a presidential decree as the final step in the award of Block 5 to SOCO Exploration Production DRC SPRL.

By OGJ editors
HOUSTON, June 28 – Congo (former Zaire) issued a presidential decree as the final step in the award of Block 5 to SOCO Exploration Production DRC SPRL.

The SOCO-operated block is at the southern end of the Albert graben and includes part of Lake Edward. The partnership committed to shoot at least 300 line-km of seismic and drill two exploratory wells.

The Block 5 partnership consists of SOCO 38.25%, Dominion Petroleum Congo SPRL 46.75%, and state Congolaise des Hydrocarbures (Cohydro) 15%.

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