AAOG has released an update on the timing and scope of its Competent Persons Report (CPR) for the Tilapia Licence in the Congo and the repayment of funds owed by SNPC, the Congolese national oil company. The CPR has slipped slightly, but this makes sense as it is important to understand the potential of the Djeno resource ahead of any decision on future activity across the licence. SNPC has paid the first $600k monthly instalment on the monies owed to AOOG, and negotiations to exchange a port
25 Apr 2019
Anglo African Oil & Gas - CPR and SNPC payment update
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Anglo African Oil & Gas - CPR and SNPC payment update
- Published:
25 Apr 2019 -
Author:
Jonathan Wright -
Pages:
3
AAOG has released an update on the timing and scope of its Competent Persons Report (CPR) for the Tilapia Licence in the Congo and the repayment of funds owed by SNPC, the Congolese national oil company. The CPR has slipped slightly, but this makes sense as it is important to understand the potential of the Djeno resource ahead of any decision on future activity across the licence. SNPC has paid the first $600k monthly instalment on the monies owed to AOOG, and negotiations to exchange a port