In early 2018, Canadian company, Touchstone Oil & Gas (Touchstone), and GOC were reported to have signed an agreement to allow Touchstone to take control of GOC's Remboue permit. The deal value was estimated at USD 23 million with a plan to produce 1,000 bo/d in January 2019.  An initial deal was signed in March 2017, but the identity of the operator was kept secret. The deal was put on hold because of an audit launched by Direction Generale des Hydrocarbures (DGH) about the sale price and the investments made by GOC during its operatorship of the field, which were estimated at USD 40 million.  Touchstone will operate the permit with 80% interest and Gabon Government will hold the remaining 20%.  Background information  By end July 1998, Chauvco "temporary' shut down all production from Remboue field in the Remboue permit blaming transportation difficulties and low oil price. In April 1999, the company announced that it was disposing of its Gabon assets.   In October 2001, the new operator Pan-Ocean, announced that production resumed from Remboue field.  In September 2006, Addax took over the operatorship and undertook re-development studies. The company relinquished the Remboue permit in February 2011.   In December 2012, Gabon Oil Company took over the operatorship of the Remboue permit. The field had been developed by Schlumberger for GOC before stopping the field activities in October 2015.
Touchstone Oil & Gas (80%,op.), and GOC (20%) have signed an agreement to allow Touchstone to take control of Remboue permit.