Benin Contract Extension
SAPETRO Benin and the Ministry of Petroleum Benin signed Amendment number 5) to the Production Sharing Contract for Block1 of Benin. Under this extension SAPETRO will continue with activities to assess the feasibility of redevelopment of the SEME field and will complete the evaluation of the prospectivity of the remainder of Block1. The extension is for a period of three years from 1st December 2010.
Date Posted:2010-12-20