Block CI-705 (Cote d'Ivoire) — project
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Project information
As at 31 December 2025
Description
As at 31 December 2025
Offshore exploration block in the Tano Basin west of Block CI-40, into which VAALCO farmed in March 2025 as operator with a 70% working interest and a 100% paying interest through a commercial carry arrangement with two partners including the State Oil Company; acquisition costs were ~US$3.0 million. The block's first exploration period ends in May 2026; entry to the second period requires a commitment to reprocess seismic data and drill a well. No proved reserves are booked.
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