Senegal / Guinea Bissau

AGC - Senegal / Guinea Bissau

• An 85% participating interest (80% working interest if the AGC exercises the AGC back-in right) in the AGC Central, an offshore exploration area in water depths of 100 to 1,500 metres.
• Oryx Petroleum is pursuing a carbonate edge play type in the AGC Central, a play type that other operators have pursued with success elsewhere in the Casamance sub-basin.
• In early 2017 the acquisition of 1,921km2 of 3D seismic data covering a portion of the AGC Central license area was completed. Processing and interpretation was completed in late 2017.