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West Africa
Here are examples of some of the projects we have implemented across West Africa.

Competent Person Report - Central Africa Licenses

Contracted to develop a Competent Person Report for a number of licenses located in Central Africa. The report was developed to AIM format and formed part of an acquisition process conducted by a Johanesburg Stock Exchange listed company. A full geophysical and geological assessment was conducted along with a valuation of the licenses based on the agreed commercial terms.

Seismic Assessment - Offshore Ghana

Contracted to conduct an assessment of seismic data available for a large offshore block. Assessed all available data, selected and supervised the reprocessing of key lines. Carried out new interpretation of reprocessed lines and other available data. Carried out review a prospectivity review of the license and assessed potential reserves.

Gas Condensate Field Assessment - West Africa

Contracted to assessed methods that could be used to recover associated liquids from a gas offtake stream currently being flared. Established optimum configuration for recovery scheme and performed cost assessment that formed the basis for economic evaluation.

License Valuation - Albertine Basin

Contracted to conduct an evaluaton of the potential reserves for a license area within the Congo's section of the Albertine Basin. Conducted the evaluation based on a regional geological assessment. Developed a valuation of the property. Went on to assist the client in establishing a Production Sharing Agreement for the license area with the host government.

Equity Farm-out - Offshore Ghana

Contracted to farm-out part of the equity in a highly prospective block in Ghana. Performed a pre-sale evaluation on the block including a reserves evaluation and a valuation based on the Petroleum Agreement terms. Went on to prepare and run the technical data room, receive and analyse bids and to assist in negotiations with selected bidders.

Due Diligence Offshore West Africa

Conducted technical due diligence for a bank, which as part of a consortium, was providing finance to an operator developing a small offshore oil field. Issues covered included: minimum recoverable reserves verification,schedule risk, technical risk associated with the production system - wells and FPSO.

Equity Farm-out Nigeria

Mandated to farm-out equity in an offshore license in Nigeria's shallow water Niger Delta. Prior to marketing the license conducted an appraisal of available seismic and well data to establish prospectivity of the license block. Prospectivity assessment included conducting a seimic interpretation and a geological assessment based on available data. The assessment of reserves potential assessment was conducted on a probabalistic basis.

Offshore West Africa Independent Assessment

Conducted an INDEPENDENT assessment of a report used as the basis for receiving bank finance for development of a shallow water offshore field in west Africa. Critiqued the technical and cost statements in the report and developed a reserves assessment to Society of Petroleum Engineers standards based on available data.

Deep Water Offshore West Africa

Carried out a prospect evaluation for a number of prospects in water depths ranging from 500 through 1,500m offshore West Africa. The work focussed on establishing viable and cost effective development solutions for these unusually deep water prospects.

Equity Sale - Onshore License Area Block

Mandated to conduct a limited equity farm out for an onshore block in Nigeria. As part of the process conducted a full technical evaluation of the property, conducted a license valuation and carried out planning for an in-fill seismic data gathering project. The farm out was successfully completed in January 2008.

Licensing Seminar - National Oil Company

Developed and presented a seminar on prospect evaluation, lcensing and local industry involvement for a West African NOC. The seminar was designed to show the companies personnel how geophysical analysis and prospect evaluation could be used to assist in the licensing process. A key feature of the seminar was the development of strategies to engage local oil companies and oil industry supplies in the license exploitation process to allow the country to benefit as much as possible from oil industry activities conducted on its soil.

Outline Field Development - Onshore Angola

Developed an outline field development plan for a prospective onshore oil accummulation in southern Angola, in assumed swamp conditions. The assessment considered production methods appropriate for this remote site and for a recoverable reserve of between 25 and 45 million bbls. The scheme also considered exploration abd appraisal drilling options for the prospet. A capital and operating cost estimate and schedule was developed which was used to assess the economic attractiveness of the opportunity.

Type IV Cost Estimate - Ultra Deep Offshore Prospect

Developed a Type IV cost estimate for an ultra deep water oil prospect offshore Sierra Leone.he assessment considered production methods appropriate for this remote and ultradeep water site - 1,800m - and for a recoverable reserve of between 250 and 750 million bbls. The scheme also considered exploration abd appraisal drilling options for the prospet. A capital and operating cost estimate and schedule was developed which was used to assess the economic attractiveness of the opportunity.

Reserves Evaluation Dawes Island

Conducted a technical reserves evaluation on this field which was due to be licensed as part of NIgeria's marginal field round. Analysed available 2D seismic and well data to develop a deterministic reserves estimate. Also generated outline field development plan and valued the field. Went on to submit formal bid to receive the license to the the Nigerian government on behalf of the client.

Seismic Interpretation - Liberia

Implemented an interpretation of a Regional 2D seismic survey offshore Liberia to determine prospectivity. Identified prospects and conducted a reserves assessment and exploration risking for this deep water area. The product of the work was used as part of a submission seeking finance for an exploration program.


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