licenses<\/a>\u00a0in the under explored basin.<\/p>\nThe extension which takes effect after the expiry of the current license period awarded in 2010 and expires in January 2016.<\/p>\n
The extension thus commences as from January 27th 2016 to January 2018 according to Total E&P will allow the completion the acquisition and processing of 2D seismic data.<\/p>\n
Total which entered the Democratic Republic of Congo in 2012 as an explorer together with its joint venture partners have successfully completed the acquisition and processing of a gravity and magnetic survey on the northern part of the Block III area, outside the contentious Virunga National Park.<\/p>\n
Prospective resources as certified by Bayphase Limited as detailed in the competent person\u2019s report completed in May 2012 places the best estimate in the Block at 16MMBOE<\/p>\n
Total E&P holds 66.66% interest, Semliki SARL (SacOil 68% and DIG 32%) 18.3%, while the DRC Government holds the remaining 15% interest in the 3 177 square kilometres Block III.<\/p>\n","protected":false},"excerpt":{"rendered":"
Democratic Republic of Congo Block III operator Total E&P has reported that its application to the Ministry of Hydrocarbons of the Democratic Republic of Congo for an extension of the … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":3933,"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":[117,3704,3703,476,582,848,3705,2217,3702,2534,2571,2603,2677],"class_list":["post-3931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-albertine-graben","tag-bayphase-limited","tag-block-iii","tag-cnooc","tag-democratic-republic-of-congo","tag-export-pipeline","tag-ministry-of-hydrocarbons-of-the-democratic-republic-of-congo","tag-sacoil","tag-semliki-sarl","tag-total-ep","tag-tullow-oil","tag-uganda","tag-virunga-national-park","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/10\/DRC-Block-3.jpg?fit=507%2C478&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-11p","jetpack-related-posts":[{"id":4363,"url":"https:\/\/www.oilnewskenya.com\/index.php\/total-commences-2d-seismic-data-acquisition-block-iii-albertine-graben-drc\/","url_meta":{"origin":3931,"position":0},"title":"Total Commences 2D Seismic Data Acquisition, Block III, Albertine Graben, DRC","author":"","date":"February 17, 2016","format":false,"excerpt":"Democratic Republic of Congo Block III operator Total E&P has announced he has commenced with the acquisition of a 2D seismic survey following the granting of a two-year extension to current exploration period by the Minister of Hydrocarbons. Total will under the current survey design envisage the acquisition of 300\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\/10\/Block-III-DRC.jpg?fit=455%2C455&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":6575,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-lures-drc-east-africa-crude-oil-project\/","url_meta":{"origin":3931,"position":1},"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 "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\/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":4777,"url":"https:\/\/www.oilnewskenya.com\/index.php\/total-ep-completes-2d-seismic-acquisition-in-drcs-block-iii\/","url_meta":{"origin":3931,"position":2},"title":"Total E&P completes 2D seismic acquisition in DRC’s Block III","author":"","date":"June 21, 2016","format":false,"excerpt":"Total E&P RDC, operator of DRC\u2019s Block III, has finalized the acquisition of the 2D seismic survey over the northern part of the Block III area according to JV partner\u00a0SacOil. According to SacOil the block operator successfully completed the acquisition of 244km of 2D seismic data and currently the seismic\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\/10\/Block-III-DRC.jpg?fit=455%2C455&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":3931,"position":3},"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 "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\/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":6298,"url":"https:\/\/www.oilnewskenya.com\/index.php\/armour-energy-granted-exploration-license-ugandas-kanywataba-block\/","url_meta":{"origin":3931,"position":4},"title":"Armour Energy Granted Exploration License in Uganda\u2019s Kanywataba Block","author":"","date":"September 15, 2017","format":false,"excerpt":"Australian explorer Armour Energy has been granted a two year exploration licence in the the Kanywataba Block in the Albertine graben bordering the Democratic Republic of Congo with the possibility of\u00a0 an additional two years subject to completing the work program for that period. The award was cleared by Cabinet\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\/2017\/09\/Armour-Energy-Uganda-License-Ceremony.jpg?fit=960%2C720&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/09\/Armour-Energy-Uganda-License-Ceremony.jpg?fit=960%2C720&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/09\/Armour-Energy-Uganda-License-Ceremony.jpg?fit=960%2C720&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2017\/09\/Armour-Energy-Uganda-License-Ceremony.jpg?fit=960%2C720&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5015,"url":"https:\/\/www.oilnewskenya.com\/index.php\/uganda-cabinet-approves-three-petroleum-production-licenses-to-total-ep\/","url_meta":{"origin":3931,"position":5},"title":"Uganda Cabinet Approves Three petroleum production licenses to Total E&P","author":"","date":"August 4, 2016","format":false,"excerpt":"Uganda cabinet has announced that during its previous sitting on Wednesday 3rd August it approved consideration and approval of a request from the minister of energy to issue three petroleum production licenses to Total E&P UGANDA B.V. The three production licenses cover discoveries in exploration area 1 of the albertine\u2026","rel":"","context":"In "Home"","block_context":{"text":"Home","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/home\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2016\/08\/Uganda-Rig.jpg?fit=432%2C288&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/3931","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=3931"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/3931\/revisions"}],"predecessor-version":[{"id":3934,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/3931\/revisions\/3934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/3933"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=3931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=3931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=3931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"Block](\"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/10\/Block-III-DRC.jpg?ssl=1\")
<\/a>The current license period on the Block located in the north-eastern part of the country part of\u00a0the East African Rift System bordering Uganda, where over 6.5 billion barrels have been discovered, was awarded in 2010 expires in January . Total E&P is also a partner on the Uganda side alongside Tullow Oil (operator) and CNOOC<\/a> where the three are currently on the development stage with the export pipeline<\/a> currently taking the center stage even as the East African country seeks to award more licenses<\/a>\u00a0in the under explored basin.<\/p>\n