Undisclosed

Transaction Type
Sellers
Marketers
Basin
Middle East
Post Date
Estimated Price
0MM
Description

IndigoPool has been retained to farm out an opportunity to participate in an exploration program in two Middle Eastern countries. The offering consists of three concessions. Two have several sizable, drillable prospects and the third is at an early exploration stage requiring further seismic acquisition to mature leads to prospects. The top prospects and leads are expected to be gas, and all are near infrastructure, facilitating low-cost development and early monetization. Local demand for gas is high and exceeds supply. The concession terms are attractive - allowing for near-term cost recovery. Contact Les Finalle, 713-689-5860, lfinalle@indigopool.com