Block CI-705 (Cote d'Ivoire)
Oil Gas
Type
Exploration
Status
🇨🇮 Cote dIvoire, Offshore Cote d'Ivoire
Country
Project information
As at 31 December 2025
Aggregation level:
Play or complex
Aggregation level:
Play or complex
Report standard:
Sec S K 1200
Report standard:
Sec S K 1200
Ownership %:
70
Ownership %:
70
Operator:
Yes
Operator:
Yes
Extraction:
Offshore
Extraction:
Offshore
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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