The company has acquired BP’s 75% operated working interest (WI) in the Pompano field, a 51% operated WI in the adjacent Mississippi Canyon block 29, a 50% non-operated WI in the Mica field, and interests in 23 leases in the vicinity of the Pompano field.
As of 28 December 2011, the acquired assets have an estimated proved reserves of about 17 million barrels of oil equivalent.
The Pompano platform is a production hub which has a daily production capacity of 60,000 barrels of oil and 135 million cubic feet of gas.
