In March 2019, it was reported that Societe National d'Hydrocarbures Republique Democratique du Congo (SONAHYDROC) farmed out part of its 58% interest in the Yema and Matamba-Makanzi licences to SociÃ©tÃ© de GÃ©nie et dâExploitation MiniÃ¨re et PetroliÃ¨re (SOGEMIP) and Log Sarl. Following the presidential approval (still pending), the interest in both licences will be split between:   SONAHYDROC: 25%, operator.  Surestream 35%%  SOGEMIP 20%  Log Sarl 20%  Â   Yema and Matamba-Makanzi blocks cover a combined area of roughly 400 sq km onshore within the Lower Congo Basin.   Background information  Surestream was awarded the licences in 2006 with a 100% interest.   On 4 September 2014, Surestream is understood to have received a renewal of its Production Sharing Agreement for the blocks. On 18 December 2010, the company plugged and abandoned wildcat Vundu 1 (YMM-1) at TD 2,263m in the Yema block. No official result was disclosed but the well is rumored to be dry. On 2 February 2006, Surestream was awarded the blocks. One Production Sharing Agreement (PSA) covers both the Yema and Matamba-Makanzi Blocks.   Sources suggest Surestream was in arrears to the value of USD 900,000 related to the licences prior to the deal.
Democratic Republic of Congo, Matamba-Makanzi