Getech supports launch of new Sierra Leone licensing round
Source - SMW
Getech Group said the launch of the fourth Sierra Leone offshore petroleum licensing round was being exclusively supported by the group through its wholly-owned subsidiary ERCL.
Applications to the round close at -noon on 28 Jun.
It said that at a meeting to be held at the Geological Society, London, the director-general of the petroleum directorate, Raymond S Kargbo and team, and ERCL director Huw Edwards, would present detail of:
- The contract areas on offer
- The technical data available to support bids
- The application procedure for interested companies
The group said: 'With over 30 oil companies registered to attend, the high number of attendees demonstrates the strength of interest in Sierra Leone's hydrocarbon potential.'
Edwards said: 'Having worked in partnership with the Petroleum Directorate of Sierra Leone since 2016, we are delighted to be hosting Raymond and his team as they launch this exciting new phase for the country's petroleum sector.
'Together, we have assembled an extremely high quality technical database, and put in place a robust licencing framework.
'These will assist investors in their evaluation of the significant potential of the Sierra Leone margin - much of the well and seismic data are being made available for the first time.
'Investors also have the opportunity to license a number of value-add products, built using the government's released seismic and well database.'