{"id":10460,"date":"2021-06-21T09:25:45","date_gmt":"2021-06-21T09:25:45","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=10460"},"modified":"2021-06-21T09:25:45","modified_gmt":"2021-06-21T09:25:45","slug":"drc-caprikat-and-foxwhelp-exploration-licenses-ended","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/drc-caprikat-and-foxwhelp-exploration-licenses-ended\/","title":{"rendered":"DRC: Caprikat and Foxwhelp Exploration Licenses Ended"},"content":{"rendered":"<p class=\"Paragraph-paragraph-2Bgue ArticleBody-para-TD_9x\">The Democratic Republic of Congo has said two exploration permits for Blocks 1 and 2 near the Ugandan border previously held by Caprikat and Foxwhelp controlled by Israeli investor Dan Gertler have expired.<\/p>\n<p class=\"Paragraph-paragraph-2Bgue ArticleBody-para-TD_9x\">Reuters quotes a letter by DRC\u2019s hydrocarbons ministry last week to the companies asked them to transfer all technical data and pay charges due under the contract saying the 2010 PSAs were being ended, amid contradiction from the company which said it holds the rights<\/p>\n<p class=\"Paragraph-paragraph-2Bgue ArticleBody-para-TD_9x\">Threats to end the contract date as back as 2012 citing delays in development which had been at the middle of a tussle with Irish explorer Tullow Oil and other companies.<\/p>\n<p>According to Fleurette it finished a seismic campaign in 2014 covering approximately 700km offshore and 150km onshore in both blocks costing over $75 million including above\u00a0<span class=\"xn-money\">$20 million<\/span> on the seismic investigations.<\/p>\n<p>The Blocks cover an area of over 7000 km2, including onshore and offshore acreage. Caprikat and Foxwhelp Ltd, through Caprikat and Foxwhelp SARL (DRC), hold a 85% interest in the Blocks, while the remaining 15% is held by the DRC Government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Democratic Republic of Congo has said two exploration permits for Blocks 1 and 2 near the Ugandan border previously held by Caprikat and Foxwhelp controlled by Israeli investor Dan &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/drc-caprikat-and-foxwhelp-exploration-licenses-ended\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7447,7442,11],"tags":[253,271,9367,504,632,9369,9368,1827],"class_list":["post-10460","post","type-post","status-publish","format-standard","hentry","category-central-africa","category-countries","category-top-news","tag-block-1","tag-block-2","tag-caprika","tag-congo","tag-drc","tag-fleurette","tag-foxwhelp","tag-oil","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2II","jetpack-related-posts":[{"id":1584,"url":"https:\/\/www.oilnewskenya.com\/index.php\/fleurette-estimates-3-billion-barrels-of-oil-in-drcs-blocks-i-ii\/","url_meta":{"origin":10460,"position":0},"title":"Fleurette estimates 3 billion barrels of oil in DRC&#8217;s Blocks I &#038; II","author":"Samuel Kamau Mbote","date":"August 8, 2014","format":false,"excerpt":"Oil of DRCongo, a subsidiary of the Fleurette Group's oil exploration has announced that an interpretation of the recently processed 3D seismic surveys acquired in 2013-14 over its prospects in Blocks I and II in Lake Albert in the\u00a0Democratic Republic of Congo. The seismic campaign (1st and 2nd phases) in\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/08\/drc-blocks-from-sacoil.jpg?fit=507%2C478&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5240,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tanzania-drc-partner-in-joint-hydrocarbon-exploration-of-lake-tanganyika\/","url_meta":{"origin":10460,"position":1},"title":"Tanzania, DRC Partner in Joint Hydrocarbon Exploration of Lake Tanganyika","author":"","date":"October 4, 2016","format":false,"excerpt":"Tanzania and the Democratic Republic of Congo have agreed in joint exploration and development of hydrocarbons in Lake Tanganyika after talks between DRC president Joseph Kabila and Tanzanian President John Magufuli. According to President Joseph Kabila the two neighbors who share the world\u2019s second deepest lake alongside Burundi and Zambia\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/02\/Tanzania-Oil-Map-e1475611112349.png?fit=726%2C564&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/02\/Tanzania-Oil-Map-e1475611112349.png?fit=726%2C564&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/02\/Tanzania-Oil-Map-e1475611112349.png?fit=726%2C564&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/02\/Tanzania-Oil-Map-e1475611112349.png?fit=726%2C564&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":10564,"url":"https:\/\/www.oilnewskenya.com\/index.php\/climate-activists-oppose-oil-exploration-call-for-a-fossil-free-virunga-in-new-film\/","url_meta":{"origin":10460,"position":2},"title":"Climate Activists Oppose Oil Exploration, Call for a Fossil Free Virunga in new film","author":"","date":"July 2, 2021","format":false,"excerpt":"Climate activists in the Democratic Republic of Congo (DRC) have expressed strong opposition to plans for oil exploration in the Virunga National Park. In a short film dubbed \u2018Fossil Free Virunga\u2019,that was released by 350Africa.org worldwide today, the activists raised concerns with the environmental impacts, as well as the impact\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Virunga-National-Park.jpg?fit=750%2C450&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Virunga-National-Park.jpg?fit=750%2C450&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Virunga-National-Park.jpg?fit=750%2C450&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/Virunga-National-Park.jpg?fit=750%2C450&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":6575,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-lures-drc-east-africa-crude-oil-project\/","url_meta":{"origin":10460,"position":3},"title":"Uganda Lures DRC into the East Africa Crude Oil Project","author":"","date":"November 29, 2017","format":false,"excerpt":"The Uganda government is trying to interest the Democratic Republic of Congo to use the East Africa crude oil project (EACOP) to export its oil. Earlier this week\u00a0Minister of Energy and Mineral Development, Eng Irene Muloni hosted a delegation of Congolese Officials led by the DRC Minister of Hydrocarbons Prof\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/11\/EACOP-route.jpg?fit=632%2C563&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/11\/EACOP-route.jpg?fit=632%2C563&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/11\/EACOP-route.jpg?fit=632%2C563&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":4289,"url":"https:\/\/www.oilnewskenya.com\/index.php\/environmentalists-calls-for-end-to-oil-exploration-in-virunga-increase\/","url_meta":{"origin":10460,"position":4},"title":"Environmentalists Calls For End to Oil Exploration in Virunga Increase","author":"","date":"January 25, 2016","format":false,"excerpt":"60 environmental protection groups have signed a moratorium dubbed Global Mobilization for Protection of UNESCO World Heritage against Oil: Save\u00a0Virunga \u00a0calling for a halt to all oil activities in the wider Virunga area. In a joint statement the groups under the name Virunga Alliance called on UNESCO and the governments\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/virunga.jpg?fit=1196%2C751&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/virunga.jpg?fit=1196%2C751&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/virunga.jpg?fit=1196%2C751&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/virunga.jpg?fit=1196%2C751&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/01\/virunga.jpg?fit=1196%2C751&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":1432,"url":"https:\/\/www.oilnewskenya.com\/index.php\/perenco-rep-says-partnership-with-drc-government-essential-in-oil-gas-business\/","url_meta":{"origin":10460,"position":5},"title":"Perenco Rep says partnership with DRC government essential in oil &#038; gas business","author":"Samuel Kamau Mbote","date":"July 11, 2014","format":false,"excerpt":"Oil and gas operator Perenco has maintained that a partnership with the DRC government is essential to achieve set growth targets. Through its General Manager Reza Mered Perenco says that the implementation of a serene business climate and a solid and modern legal framework in respect to the commitments of\u2026","rel":"","context":"In &quot;Elsewhere in Africa&quot;","block_context":{"text":"Elsewhere in Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/elsewhere-in-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/07\/perenco.png?fit=575%2C302&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/07\/perenco.png?fit=575%2C302&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/07\/perenco.png?fit=575%2C302&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=10460"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10460\/revisions"}],"predecessor-version":[{"id":10461,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10460\/revisions\/10461"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=10460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=10460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=10460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}