Ophir is withdrawing from blocks A-5 + AD-03, resp. 10,531 sq km in WD up to 2,000m, AD-03 is 9,900 sq km deeper still in the Rakhine Basin. Chevron (optr. 55%) is understood to be the taker of the 42% stake, despite the latter also looking to farmout. Remaining partners Parami Egy (2.5%) + Royal Marine Engineering. Â Contact (Chevron): Sid Jones, Sid.Jones@chevron.com.
Ophir is withdrawing from blocks A-5 + AD-03, Chevron (optr. 55%) is understood to be the taker of the 42% stake, despite the latter also looking to farmout. Remaining partners Parami Egy (2.5%) + Royal Marine Engineering (0,5%).		