13. West Cape Three Points Block 2 (673sqkm)
Contract Parties (Operator) Springfield E&P, EXPLORCO and GNPC
Effective Date/Initial Exploration Period Effective Date: July 26, 2016 Initial Exploration Period (2.5 years + 2 years extension): July 26, 2016 – January 25, 2021
Minimum Exploration Program (Initial Phase)
Drill one (1) Exploration Well
Conduct geological and geophysical studies
Minimum Expenditure $30,000,000
Observations as of 2017 Initial exploration period was supposed to end in July 2018 but has been extended to 2021. This extension came barely six months into the. Seismic data processing is ongoing.
2019 Update The contractor has acquired 3D data for processing. The extension granted in 2016 will expire in 2021. However the 9 months granted by Petroleum commission for the company to submit appraisal programme for inherited discoveries is still in default. No drilling has been made to date.
2020 Update The Contractor drilled the Afina-1X and made a discovery, indicating in 2020 that the discovery merits appraisal. Contractor notified the government of its intention to appraise the Afina Cenomanian Discovery with the submission of the Appraisal Program in May.
The Contractor has requested for the extension of deadline for submitting the appraisal programme to 2021 due to the pandemic.