Dominion Petroleum to Steer Block Offshore Kenya
Dominion Petroleum has finalized the Production Sharing Contract (PSC) for Block L9 in the Lamu Basin, offshore Kenya, allocating the company a 60% operating interest.
Dominion will now begin the initial exploration period of the PSC by reprocessing 617,763 acres (2,500 square kilometers) of 2D seismic data, carrying out studies and acquiring 123,553 acres (500 square kilometers) of 3D seismic data.
Following this initial two-year period, Dominion can enter the second two-year period by committing to drill a single exploration well.SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.
- Ophir Extends E. Africa Footprint with Dominion Acquisition (Oct 13)
- Dominion to Farm-Out Stake Offshore Tanzania (Oct 05)
- Dominion Takes Reins at Lamu Basin Offshore Kenya (Oct 05)