As of mid-year 2020, the potential bid round planned since 2019 by the Joint Development Authority (JDA) of the Nigeria-Sao Tome Joint Development Zone (JDZ) was unlikely to be organized in 2020. This would have been the third licensing round organized by the JDA. Ibiwari Lorvde Jack, the Executive Director, monitoring and inspection at the JDA, reportedly said in May 2019 that all blocks not currently licensed would be on offer. The JDA also intended to acquire fresh seismic data over the unlicensed areas ahead of the licensing round.  So far, five of the eleven blocks defined in the JDZ are licensed: three to Total, one each to Equator and Oranto. Some drilling has taken place in the JDZ. Eight wildcat wells were drilled between 2006 and 2012. They resulted in three oil & gas and three gas discoveries. All were estimated to be non-commercial.
As of mid-year 2020, the potential bid round planned since 2019 by the Joint Development Authority (JDA) of the Nigeria-Sao Tome Joint Development Zone (JDZ) was unlikely to be organized in 2020. This would have been the third licensing round organized by the JDA.