Azule Acquisition
Sector: Commercial • Location: Angola
Source: Financial Conduct Authority (FCA)
Acquisition of a 12% interest in Block 3/05 and up to 16% interest in Block 3/05A offshore Angola by Afentra (Angola) Ltd from Azule Energy Angola Production B.V. The acquisition includes an initial cash consideration of $48.5 million and contingent payments up to $36 million subject to oil price, production, and development conditions. The effective date is 31 October 2022. This acquisition incre
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Obfuscated Data |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Acquisition of a 12% interest in Block 3/05 and up to 16% interest in Block 3/05A offshore Angola by Afentra (Angola) Ltd from Azule Energy Angola Production B.V. The acquisition includes an initial cash consideration of $48.5 million and contingent payments up to $36 million subject to oil price, production, and development conditions. The effective date is 31 October 2022. This acquisition increases Afentra's equity in these producing and development assets, with net 2P reserves of approx. 32 million barrels and production of approx. 6,000 barrels per day net. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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