The Opportunity
- Located in the heart of the highly prolific Central African Rift
- Numerous multi-zone discoveries located throughout the blocks
- Rich high-graded prospect inventory across entire asset base
- High drilling success rate in the region
Proximal To Existing & Planned Infrastructure
- Doba blocks surrounded by Multi-Operator Oil Production facilities and infrastructure
- Excess export capacity in Chad-Cameroon Pipeline in excess of 100,000 bbls/d
- Chad Cameroon export pipeline has been reliably operated since inception in 2003
- Planned Niger-Chad (NOTCO) pipeline opens export markets for stranded production
- Regulated pipeline infrastructure with fixed rates of return is accessible to all industry participants
- Large experienced and well established service vendor presence and infrastructure
Chad
- Proven highly prolific petroleum system with significant untapped potential
- Production Sharing Contract (“PSC”) based system that yields superior project economics
- Extractive Industries Transparency Initiative (“EITI”) compliant since 2014
- Chad has Industry services and experienced personnel
- Government is highly committed to maintaining transparency
