Armenian O+G secured two of 3 licences granted in Dec â17, namely blocks 1 + 3 in the northern part of the country for a 3-year term. Total 8,775 sq km.
Armenian Government issued three exploration licenses to two companies. Armenian O&G received exploration licenses for Block 1 and Block 3 and AGAPE (Armenian Gas and Power Enterprises) received an exploration license for Block 5.