Maersk Oil operates Block 16, which includes the Chissonga discovery, and its interest in the block will increase to 65%, with Sonangol (20%) and Odebrecht (15%) as partners.
The company said that it is in the process of analyzing the results from wells drilled at the Chissonga discovery to determine whether it is commercial and if further appraisal drilling is needed.
Maersk Oil Head of Exploration Lars Nydahl Jorgensen said that acquiring Devon Energy’s interest in the block will provide the company further materiality in Angola, just as the evaluation work on the Chissonga discovery gathers pace.
Maersk Oil is operator with a 50% interest in two other licenses in Angola, Block 8 and Block 23, where an exploration well is planned to be drilled later this year.
