Project Profile
Value: Undisclosed
Area 6,400 km2
Location: Southern margins of the Doba and Doseo basins, Chad
Reserves: Unknown
Area: 10,000 square kilometres
Start-up Year: -
Chari Sud Block I and Chari Sud Block II, cover a total area of more than 10,000 square kilometres and are located south of the Mangara and Badila oilfields being developed by Griffiths Energy and Glencore International. The pair of concessions, located in the southern margins of the Doba and Doseo basins, is believed to have structural similarities to the producing fields, while pipeline infrastructure is located in the vicinity of Chari Sud Block I. Simba Energy has secured production sharing deals for the Chad blocks to further expand its African asset portfolio. The company put pen to paper on a so-called Protocole d’Accord under which a work programme for the first year of exploration on the onshore tracts must be finalised by 20 October 2012. Simba will hold 100% stakes in all three prospective concessions.
Chari Sud displays a juxtaposition of shales and sandstones coupled with ongoing deformation of sequences, which indicates prospectivity. Edison Research estimated that the neighbouring Glencore blocks could produce 50,000 bpd by the end of 2014.
Operators:
Simba Energy: Operator with 100% interest