GETECH Group plc Launch of 4th Offshore Petroleum Licensing Round
January 25 2018 - 2:00AM
RNS Non-Regulatory
TIDMGTC
GETECH Group plc
25 January 2018
Getech Group plc
("Getech" or the "Company" and with its subsidiaries the "Getech
Group")
Launch of the Fourth Sierra Leone Offshore Petroleum Licensing
Round
Exclusively supported by the Getech Group
25th January 2018
The Petroleum Directorate of Sierra Leone today launches the
country's Fourth Offshore Petroleum Licensing Round. This Round is
being exclusively supported by the Getech Group (AIM; GTC), through
its wholly owned subsidiary ERCL. Applications to the Round close
at 12-noon on 28(th) June 2018.
At a meeting to be held at the Geological Society, London, the
Director General of the Petroleum Directorate, Raymond S Kargbo and
team, and ERCL Director Huw Edwards, will present detail of:
-- The Contract Areas on offer
-- The technical data available to support bids
-- The application procedure for interested companies
With over thirty oil companies registered to attend, the high
number of attendees demonstrates the strength of interest in Sierra
Leone's hydrocarbon potential.
Huw Edwards commented:
"Having worked in partnership with the Petroleum Directorate of
Sierra Leone since 2016, we are delighted to be hosting Raymond and
his team as they launch this exciting new phase for the country's
petroleum sector. Together, we have assembled an extremely high
quality technical database, and put in place a robust licencing
framework. These will assist investors in their evaluation of the
significant potential of the Sierra Leone margin - much of the well
and seismic data are being made available for the first time.
Investors also have the opportunity to license a number of
value-add products, built using the Government's released seismic
and well database."
For further information
https://getech.com/sierra-leone-oil-gas-exploration/ www.pd-sl.com
Getech Group plc Tel: 0113 322 2200
Jonathan Copus, Chief Executive Officer
WH Ireland Limited Tel: 0161 832 2174
Katy Mitchell
Notes to Editors:
The Getech Group provides the expertise, support and knowledge
that companies and governments need to better discover, develop and
manage natural resources. Our data-rich products, GIS solutions and
government advisory services help our customers to achieve their
business goals of cost control, operational excellence, regulatory
compliance and environmental responsibility.
The Group has a long history of assisting Governments and
National Oil Companies with License Rounds, Data Management,
Capacity Building and Advisory services to develop their nation's
natural resources. Our work in Sierra Leone joins similar Getech
Group projects in Africa, the Americas and Middle East.
For more information, please visit our website at
www.getech.com
This update refers to a contract in the ordinary course of
business for Getech.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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