MELBOURNE (Aug 28): Gambia’s Ministry of Petroleum and Energy has approved assignment of 40% interest to Petronas in Blocks A2 and A5, according to a statement from FAR.
* Petronas and FAR, which is the operator and controls 40% stake in the two blocks, plan to drill the Samo-1 well in late 2018 targeting a prospective resource of 825 mmbbls: statement