North Petro-Chem Corp Ltd (NPCC) may have completed the farm-out of 60% interest in Block F, located in onshore Salin Sub-basin, to Asia Petroleum Investment Company (APIC), around October 2017. The successful farm-out will likely enable the company to conduct further exploration in the block, which is reportedly considered not commercially viable based on discovered reserves to date. It is understood that in early November 2017, the new consortium likely submitted the exploration plan for a proposed two-year contract extension. Upon extension approval by MOGE, the exploration stage will run until 8 September 2019. NPCC retained the remaining 40% interest in Block F. MOGE has the right to acquire a participating interest up to 25% during the development and production stage. The farm-in opportunity was initially offered in the latter part of 2016. As of late November 2016, NPCC was understood to be in negotiations towards potential farm-out of some interest in the block. The PSC for Block F, initially due to expire on 8 September 2015, was later extended by two years, until 8 September 2017.
Cyprus (Cyprus B.) (It's a petroleum rights. Please summarize by yourself). In IHS database: Block F op. by TPAO (100.0%, MINIST 0.0%) to be check.