Norwegian oil and gas operator DNO has said it has been granted a two-year extension of the term of its production sharing agreement for Block SL18 in Somaliland.<\/p>\n
DNO which has a 50 percent stake as operator in Block SL18 will now see the first exploration period will now end on 8 November 2017.<\/p>\n
Already the partners of Block SL18 have completed field survey and environmental assessment studies and now says will initiate a planned seismic acquisition program once the Government of Somaliland has put in place a planned Oil Protection Unit (OPU) in 2015 to support the international oil companies operating in Somaliland.<\/p>\n
\u201cIn the interim, security conditions permitting, DNO will resume a development program focused on drilling water wells to provide local communities in the areas covered by Block SL18 with potable water,\u201d the company says in a statement.<\/p>\n
DNO entered Somaliland in April 2013.<\/p>\n","protected":false},"excerpt":{"rendered":"