Project Profile
Location: district of Mahabo, part of Menabe region, onshore Madagascar
Area: 7,189 sq km
Start-up Year: -
Tullow Oil has farmed out a sizeable chunk in an onshore block in Madagascar to Austria\'s OMV. OMV is getting a 35% stake in onshore block 3109 (Mandabe), with Tullow remaining operator of both on 65%. The block is located in the district of Mahabo, which is a part of Menabe Region. A round of 2D seismic is expected on Mandabe some time in 2014. The blocks are Tullow\'s only acreage in Madagascar. This is OMV\'s second foray into Madagascar after it took a 40% stake in the offshore Grand Prix block last year from Niko Resources.
Operators:
Tullow Oil: Operator with 65% interest
OMV Group: 35% interest