Woodside Advises it is exercising its right to pre-empt the sale to Lukoil of Cairnâs 40% in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore, including the Sangomar devt project (DEA 27 Jul '20). The deal was to net up to USD 400 MM cash + reimbursement of development capital expenditure incurred since 1 Jan '20. The area involved totals 2,212 sq km in WD 800-2,175m of the MSGBC Basin. So far Woodside (op), partners Capricorn (Cairn), Petrosen + FAR. Terms of Woodsideâs acquisition will reflect those of the Cairn/Lukoil deal and will carry an effective date of 1 Jan '20 â Woodside remains optr.   Of note: the participating interest may be reduced to the extent FAR or Petrosen also exercise pre-emption rights in respect of the Cairn/Lukoil Transaction.
(Senegal (M.S.G.B.C.) B.) Rufisque Offshore op. by CAIRN EN (40%), WOODSIDE (->75%), FAR (15%), PETROSEN (10%), Woodside Advises it is exercising its right to pre-empt the sale to Lukoil of Cairnâs 40% in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore, including the Sangomar devt project