The Company holds an indirect working interest in the PNGF Sud licences, offshore Pointe Noire in the Republic of Congo since January 2017, through part of its subsidiary, Hemla E&P Congo.
The Company has entered into the licence of OML 113 following the purchase of a previous licence partner's interest in addition to entering into an SPV with the licence operator in late 2019.
PetroNor E&P has regained the A4 license late in 2020. The license is located within the same proven play trend as in the Sangomar field, a play which is expected to extend southward into The Gambia.
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