Project Profile
Location: Both east of the island of Sao Tome
Area: 160,000 sq. km
The São Tomé & Príncipe EEZ encompasses an area of approximately 160,000 square kilometres south and east of the Nigeria/São Tomé & Príncipe Joint Development Zone and surrounding the volcanic islands of Príncipe and São Tomé. Block 4 is situated directly east of the island of Principe. Block 11 is directly east of the island of Sao Tome. In addition to the two Blocks already awarded, ERHC has rights to acquire up to a 15 percent paid working interest in two additional blocks of its choice in the EEZ. The ANP-STP has informed the company that selection of these other blocks will take place at a later date to be determined.
EEZ Block 4, which totals 5,808 square km, situated directly east of the island of Príncipe. The northeastern area near EEZ Block 4 contains a large graben structure, which is bound by the Kribi Fracture Zone. EEZ Block 11 totals 8,941 square km, situated directly east of the island of São Tomé and abuts the territorial waters of Gabon. The Southern area, where EEZ Block 11 is situated, contains parts of the Ascension and Fang Fracture Zones.
Operator:
EEZ Block 4
ERHC Energy: Operator with 100% interest
EEZ Block 11
Kosmos Energy: Operator with 80% interest
Galp Energia: 20% interest