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Sahara Energy
Field Limited (SEFL) is the upstream exploration and production
(E&P) arm of the group. Its core business is to explore and develop
oil and gas assets in established and emerging frontiers.
SEFL aims to create value for its
shareholders through successful exploration, development and
production of oil and gas reserves while contributing to the future
and development of the countries where its operations are located.
Our commitment and participatory
approach – partnering through time and resources with employees,
local communities and contractors – would help create and sustain
vibrant communities which in turn would contribute to our success
and the national strength of countries we operate in.
Since it began its operations in 2004,
the company has succeeded in establishing a firm foundation in
selected West African basin with interests in the following assets
either as operator or partner:
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OPL 274 Western
onshore Niger Delta (100%*)
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OPL 286 in Deep Water Nigeria (26%*)
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OPL 284 in Deep Water Nigeria (45%*)
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Tsekelewu marginal field (OML 40) (51%*)
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Block 5 in the Nigeria-Sao Tome Joint
Development Zone (10%*)
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OPL 332 in Deep Water Nigeria (35%*)
*Sahara Interest
SEFL
executed a seismic agreement with GNPC of Ghana and has
exercised its right of first refusal on the ECTP Block B1 after
acquiring 1,250 sq km of 3D seismic.
SEFL has recently entered into
a 50/50 JV with PGS/Azimuth which gives us access to the largest
seismic database across the west of Africa (from Mauritania to
Nambia)
SEFL will continue to acquire, explore and develop
oil and gas assets in the emerging frontiers of Africa; using this
as a foundation for creating a viable E&P company that can operate
in any of the global oil basins.
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