Gabon Licence Areas
Onshore licence areas
The Gabon onshore licence areas form the bulk of our production and operations in Gabon. They cumulatively cover an area of 830,100 acres (3,362 km2) and consist of five licence areas: Maghena, Panthere NZE, Awoun, Remboué and Epaemeno. These licence areas contain four producing oil fields (Tsiengui, Obangue, Remboué and Tsiengui West), one oil field under development (Koula) and two undeveloped oil fields (Autour and Damier).
Tsiengui field (Maghena licence area)
The Tsiengui field is Addax Petroleum’s principal onshore Gabon producing and development property. It was discovered in 2002 and started production in July 2005. The Maghena licence area is approximately 100 km south-east of the coastal city of Port Gentil and covers a gross area of approximately 162,400 acres (657 km2). Addax Petroleum operates and holds a 92.5% interest in this licence. Oil production from the Tsiengui field is processed and exported together with oil production from the Obangue field through a central production facility, which was commissioned by Addax Petroleum in November 2006. The Tsiengui field produced an average of 18,110 bbl/d in 2008.
Obangue field (Panthere NZE licence area):
The Obangue field is Addax Petroleum’s second largest onshore Gabon producing property. It was discovered in 1988 and started production in 1998. The Panthere NZE licence is approximately 110 km southeast of the coastal city of Port Gentil and covers a gross area of approximately 29,700 acres (120 km2) and is immediately adjacent to the Maghena licence area. Addax Petroleum operates and holds a 92.5% interest in this licence. Oil production from the Obangue field is processed and exported together with oil production from the Tsiengui field through a central production facility, which was commissioned by Addax Petroleum in November 2006.Production from the Obangue field averaged 1,610 bbl/d in 2008.
Autour field (Panthere NZE licence area):
The Autour field was discovered in 1987. One successful exploration and appraisal well was drilled in 2007 on the previously undeveloped field, which resulted in the addition of 5.4 MMbbl of probable reserves from the field as at December 31, 2007. No additional activity was undertaken in 2008. Addax Petroleum commenced drilling of a development/appraisal well in the first quarter of 2009. Please check our Annual Information Form for further information about development in this field.
Tsiengui West, Koula and Damier fields (Awoun licence area):
Addax Petroleum holds a 40% interest in the Awoun licence area, which is operated by Shell Gabon. The Awoun licence area is approximately 80 km south-east of Port Gentil and covers a gross area of approximately 274,800 acres (1,112 km2). It is immediately adjacent to the Maghena licence area.
The Tsiengui West field is an extension of the main Tsiengui field in the Maghena licence area, and came on-stream in 2007. In 2008, production from the field averaged 1,480 bbl/d. Please check our Annual Information Form for further information about development in this field.
The Kouala and Damier fields were both discovered in 2004. The Koula field is presently under development with first production planned for the second half of 2009. The Damier field is undeveloped. For information about development of these fields, please check our Annual Information Form.
Remboué field (Remboué licence area):
The Remboué field is Addax Petroleum’s smallest onshore Gabon producing property. The field was discovered in 1991 and has been producing since 2001. The Remboué licence area is located approximately 75 km south-east of the coastal city of Libreville and covers an area of approximately 32,200 acres (130 km2). Addax Petroleum operates and holds a 92% interest in the licence area. There is a single train of processing facilities in the Remboué field and 25,000 bbl of tank storage. The Remboué export system is entirely marine with export loads shipped by barge from the field to an offshore storage vessel, and subsequently sold directly to international markets. There was no drilling activity at Remboué in 2008, and we have planned up to two work overs in 2009. Production from the Remboué field averaged 590 bbl/d in 2008. For further information, please check our Annual Information Form.
Epaemeno field (Epaemeno licence area):
In April 2007, Addax Petroleum agreed to acquire a 50 % gross interest in this licence. Government approval of the transaction was received in December 2007. The Epaemeno licence area is located immediately north of the Maghena and Awoun licence areas and covers approximately 331,100 acres (1,340 km2). Addax Petroleum also became the operator of the licence area. For further information, please check our Annual Information Form.