Afentra plc has revised its offshore Angola drilling schedule, moving the Borr Grid rig directly to the Impala-2 development well in Block 3/05 ahead of the planned Pacassa SW sidetrack. Both wells are expected to begin production in the first quarter of 2027. Impala-2 is scheduled to spud in mid-October, with drilling and completion operations […]
Afentra has been awarded a licence and 35% operated interest in the KON 4 block in Angola’s onshore Kwanza Basin, the company announced on Wednesday.
Block 3/24 covers 545 square kilometres and contains five oil and gas discoveries – Cefo, Goulongo, Kuma, Palanca North East and Quissama – as well as the previously developed Canuku field cluster, which has produced up to 12,000 bopd.
Afentra and M&P will each acquire 50% of Etu Energias’ 10% non-operated interest in Block 3/05 and 13.33% non-operated interest in Block 3/05A. The buyers will each pay an initial consideration of USD 23 million, consisting of USD 22 million for Block 3/05 and USD 1 million for Block 3/05A.