{"id":2889,"date":"2015-05-07T09:26:33","date_gmt":"2015-05-07T09:26:33","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=2889"},"modified":"2015-05-07T09:26:33","modified_gmt":"2015-05-07T09:26:33","slug":"exxonmobil-sterling-energy-relinquish-madagascars-ampasindava-block","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/exxonmobil-sterling-energy-relinquish-madagascars-ampasindava-block\/","title":{"rendered":"ExxonMobil, Sterling Energy relinquish Madagascar\u2019s Ampasindava Block"},"content":{"rendered":"

Joint Venture partners ExxonMobil and Sterling Energy have announced that they have signed the relevant documentation with Office des Mines Nationales et des Industries Strat\u00e9gique <\/em>OMNIS to relinquish the Ampasindava Block.<\/p>\n

According to the JV partners this follows a detailed subsurface re-assessment of the prospectivity of the Ampasindava Block by the joint venture and after discussions with the\u00a0Office des Mines Nationales et des Industries Strat\u00e9giques (‘OMNIS’).<\/p>\n

‘We would like to record our sincere thanks for the productive and mutually beneficial relationship we have had with all teams at Office des Mines Nationales et des Industries Strat\u00e9giques and the Government of Madagascar on the Ampasindava Block,’ said Sterling Energy Chief Executive Officer Eskil Jersing.<\/p>\n

Sterling Energy retains the benefit of the ExxonMobil carry and does not expect to have any liabilities associated with such relinquishment.<\/p>\n

ExxonMobil is the Operator with 70% working interest while Sterling Energy holds a 30% working interest with the latter\u2019s costs in this block are carried up to a fixed gross amount.<\/p>\n","protected":false},"excerpt":{"rendered":"

Joint Venture partners ExxonMobil and Sterling Energy have announced that they have signed the relevant documentation with Office des Mines Nationales et des Industries Strat\u00e9gique OMNIS to relinquish the Ampasindava … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":2552,"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":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[2829,3139,860,1470,1805,2409],"class_list":["post-2889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-ampasindava-block","tag-eskil-jersing","tag-exxonmobil","tag-madagascar","tag-office-des-mines-nationales-et-des-industries-strategiques","tag-sterling-energy","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/02\/Madagascar-Ambilobe.jpg?fit=550%2C695&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-KB","jetpack-related-posts":[{"id":1962,"url":"https:\/\/www.oilnewskenya.com\/index.php\/madagascar-oil-submits-the-block-3104-tsimiroro-development-plan\/","url_meta":{"origin":2889,"position":0},"title":"Madagascar Oil submits the Block 3104 Tsimiroro Development Plan","author":"Samuel Kamau Mbote","date":"October 28, 2014","format":false,"excerpt":"Madagascar Oil has announced that the Block 3104 Tsimiroro Development Plan (TDP) has been submitted to the Executive Committee, ahead of the 4 November 2014 deadline set by the production sharing contract in respect of Block 3104. The submission of the TDP follows regular working group meetings with OMNIS, to\u2026","rel":"","context":"In "Elsewhere in Africa"","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\/10\/block-3104.jpg?fit=490%2C662&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2177,"url":"https:\/\/www.oilnewskenya.com\/index.php\/madagascar-oil-requests-2-year-extension-for-madagascar-exploration-blocks\/","url_meta":{"origin":2889,"position":1},"title":"Madagascar Oil requests 2 year extension for Madagascar Exploration Blocks","author":"Samuel Kamau Mbote","date":"December 15, 2014","format":false,"excerpt":"[twitter-follow screen_name='oilnewskenya'] Madagascar Oil has announced that following discussions held at the Executive Committee meeting regarding Blocks 3105, 3106 and 3107 on 9 December 2014, the Company\u2019s wholly owned subsidiary, Madagascar Oil S.A., has written to the Office des Mines Nationales et des Industries Strat\u00e9giques (\u201cOMNIS\u201d) formally requesting a two\u2026","rel":"","context":"In "Top News"","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\/12\/madagscar-block.png?fit=339%2C307&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2656,"url":"https:\/\/www.oilnewskenya.com\/index.php\/madagascar-oil-s-provides-operational-development-planning-update\/","url_meta":{"origin":2889,"position":2},"title":"Madagascar Oil S.A provides Operational & Development Planning Update","author":"","date":"March 3, 2015","format":false,"excerpt":"Madagascar Oil S.A (MOSA) has announced that it continues to have an active and very positive dialogue with OMNIS, the Ministry to the Presidency of Mines and Petroleum and also representatives of the office of the President of Madagascar, with regard to the approval process for the Tsimiroro Development Plan\u00a0TDP.\u2026","rel":"","context":"In "Top News"","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\/2015\/03\/Madagascar-Oil-projects.jpg?fit=550%2C879&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/03\/Madagascar-Oil-projects.jpg?fit=550%2C879&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/03\/Madagascar-Oil-projects.jpg?fit=550%2C879&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":2814,"url":"https:\/\/www.oilnewskenya.com\/index.php\/madagascar-oil-award-development-mining-title-block-3104\/","url_meta":{"origin":2889,"position":3},"title":"Madagascar Oil Award Of The Development Mining Title For The Block 3104","author":"","date":"April 16, 2015","format":false,"excerpt":"Madagascar Oil\u00a0 has confirmed the award of the Development Mining Title for the Block 3104 Tsimiroro Production Sharing Contract by the President of Madagascar, H.E.Hery Rajaonarimampianina,\u00a0following a joint proposal by the Minister at the Presidency in charge of Mines and Petroleum and the General Manager of OMNIS (Office des Mines\u2026","rel":"","context":"In \"Block 3104\"","block_context":{"text":"Block 3104","link":"https:\/\/www.oilnewskenya.com\/index.php\/tag\/block-3104\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/04\/Tsimororo.jpg?fit=750%2C499&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/04\/Tsimororo.jpg?fit=750%2C499&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/04\/Tsimororo.jpg?fit=750%2C499&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/04\/Tsimororo.jpg?fit=750%2C499&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":2551,"url":"https:\/\/www.oilnewskenya.com\/index.php\/sterling-energy-receives-license-extension-madagascars-ambilobe-ampasindava-blocks\/","url_meta":{"origin":2889,"position":4},"title":"Sterling Energy receives license extension for Madagascar\u2019s Ambilobe, Ampasindava Blocks","author":"","date":"February 16, 2015","format":false,"excerpt":"The AIM listed oil & gas exploration company Sterling Energy Plc has announced it has received a Ministerial and Presidential approval was granted in October 2014 to extend the current phase of both the Ampasindava and Ambilobe PSCs to July 2016. 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The acquisition which is being undertaken by CGG Services SA, on behalf of the Joint Venture Partners, and completion is expected within 45-50 days. 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