| Reference | EXP-060-20-CHR |
| Date | 10/25/2020 |
| Location | Africa |
| Scope | The company announces its need for Provision of Integrated Study and Valuation at C126 (CHADAR). Scope of Work Includes but not limited to: • Consolidate the evaluation of all the block reserves and resources with one consistent approach. • Determine the size of the GIIP, STOIIP, and recoverable volumes for all existing single and multi-well discoveries on the block. • Identify all exploration potential on the block and determine the un-risked and risked size of each identified structure. • Formulate the best conceptual development plan for the block. • Formulate the basis of the surface facilities design. • Estimate, within reasonable accuracy, the CAPEX and OPEX costs required for the development. • Recommend the best appraisal approach and estimate the cost of the recommended appraisal program. • Perform economics analysis, with sensitivities, for the project to determine the range of the block potential value. • Provide a certified valuation report consistent with PRMS classification system. |
