Zenith has entered into a JV agreement with a local partner for the potential acquisition of an undisclosed onshore oil production licence in the Kouilou area near Pointe-Noire. The 300 b/d field was shut-in last year pending the assignment of a new licence. Meanwhile Zenith continues negotiations with the relevant authorities for the assignment of a new 25-year licence on the Tilapia field/block.
Congo (Lower Congo B.), Zenith has entered into a JV agreement with a local partner for the potential acquisition of an undisclosed onshore oil production licence in the Kouilou area near Pointe-Noire. The 300 b/d field was shut-in last year pending the assignment of a new licence.