Project Profile
Location: Northern autonomous region of Somaliland, Somalia
Area: 24,321 km2
Water depth: 0 - 1,425m
The Berbera PSA, located in northern Somaliland, originally consisted of four sub-blocks that were designated as 35/36 (onshore) and M10/M10A (offshore). only three wells have been drilled in the original Berbera Block, two of which were located offshore in block M10, where they encountered minor oil shows. The third well, the only onshore well in the block, was a 243m deep stratigraphic well. Three wells, drilled adjacent to the western edge of block 35 (Dagah Shabel 1-2-3) over the period from November 1958 to November 1959, all encountered good oil shows. Ophir Energy is still to announce the commencement of the exploratory drilling in the PSA.
Operators:
RAK Gas LLC: Operator with 75% interest
Independent Energy Capital Corp: 25% interest