In late September 2018, Orinoco Natural Resources acquired Samsung Oil & Gas USA's entire 20% WI in Mississippi Canyon Block MC 21 (G28351), situated in the Louisiana Coastal Basin. The transaction is effective as of 1 August 2018. Following completion of the transaction, equity in MC 21 is now shared between ANKOR E&P Holdings (KNOC local subsidiary, 50.5% WI + Op), KOA Energy (29.5%) and Orinoco Natural Resources (20%).
Orinoco Natural Resources acquired Samsung Oil & Gas USA's entire 20% WI in Mississippi Canyon Block MC 21 (G28351), situated in the Louisiana Coastal Basin