Somaliland Expands its Petroleum Licensing Round Acreage

HARGEISA, Somaliland–(Business Wire)– The Somaliland Ministry of Water and Mineral Resources (Ministry) announced today that it will add 6,221 square kilometers of onshore acreage in block SL3 to their...

HARGEISA, Somaliland–(Business Wire)– The Somaliland Ministry of Water and Mineral Resources (Ministry) announced today that it will add 6,221 square kilometers of onshore acreage in block SL3 to their petroleum licensing round, closing in December 2009.

The bid round now includes nine concession blocks comprised of more than 95,845
square kilometers of onshore and offshore areas. The deadline for final
submission of bids is December 15, 2009 and concessions will be awarded on March
15, 2010.

Seismic, aeromagnetic data and interpretive datasets over the region are
available from TGS-NOPEC Geophysical Company (TGS). The information on bid round
application is also available through TGS.

Minister of Water and Mineral Resources
Republic of Somaliland
Mr. Qasim Sh. Yusuf Ibrahim, + 252 2528766
MWNR.info@gmail.com
http://www.somalilandgov.com/

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