Anyone one know the country in question that is mentioned in the paragraph extracted from an announcement from the ASX, 25/03/2003, by the company Eagle Bay Resources NL,EBR. TIA PETROLEUM EXPLORATION, OFFSHORE WEST COAST OF AFRICA (EBR 100%)
Following the success of Hardman Resources NL in the areas A and B in the offshore Senegal-Mauritania basins in a joint venture with Woodside and AGIP, the Company previously completed in country research on the prospectivity of the offshore West African basins.
This resulted in the lodgement of an application to acquire a 100% interest in a new deep water block. The application block shows seismically defined structures with potential oil in place.
It is likely the target can be intersected by one exploration well down to 1600 metres located in deep water. No recent contact has occurred with the relevant national Government regarding the processing of the permit application.
EBR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
