The leading independent portfolio management consultancy specialising in Acquisition, Advisory & Divestment Services for the upstream international oil and gas community.

Onshore Somaliland

Block SL10B/13

Genel Energy Somaliland Limited (“Genel”) is offering a select group of companies the opportunity to acquire an interest in the highly attractive Block SL10B/13, onshore Somaliand.

Key points:

  • An opportunity to acquire a material position in one of East Africa’s last remaining under-explored rift basins, with secured first-mover advantage and the benefits of a basin-scale acreage position;

  • Potential in Block SL10B/13 for a Yemeni equivalent “Billion Barrel Plus” fairway within a regionally proven petroleum system, and the potential with a play-opening discovery for repeatability on a very large scale;

  • Participate in a high-impact exploration well on the preferred exploration target, the Toosan Prospect, a greater four-way dip closure with stacked reservoir targets and gross mean prospective recoverable resources of c.1,700 MMbbls;

  • Opportunity for a variety of commercialisation options including trucking and pipeline evacuation of oil to the deepwater port at Berbera (150 km north);

  • Favourable fiscal terms governed by a Production Sharing Agreement in one of Africa’s most politically stable regions of the past 28 years, now benefitting economically from an upturn in Foreign Direct Investment.


Contact us for more details: Phone: + 44 (0) 20 7493 1977



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