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Jacaylbaro

Somaliland Expands its Petroleum Licensing Round Acreage

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HARGEISA, Somaliland--(BUSINESS WIRE)--The Somaliland Ministry of Water and Mineral Resources (Ministry) announced today that it will add 6,221 square kilometers of onshore acreage in block SL3 to their petroleum licensing round, closing in December 2009.

 

The bid round now includes nine concession blocks comprised of more than 95,845 square kilometers of onshore and offshore areas. The deadline for final submission of bids is December 15, 2009 and concessions will be awarded on March 15, 2010.

 

Seismic, aeromagnetic data and interpretive datasets over the region are available from TGS-NOPEC Geophysical Company (TGS). The information on bid round application is also available through TGS.

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