The Petroleum Directorate Sierra Leone launched the country’s Fourth Offshore Petroleum Licensing Round yesterday in London’s Geological Society. This Round is being exclusively supported by the Getech Group (AIM; GTC), through its wholly owned subsidiary ERCL. Applications to the Round close at 12-noon on 28th June 2018.
During the meeting, the Director General of the Petroleum Directorate, Raymond S Kargbo and team, and ERCL Director Huw Edwards, presented details of:
· The Contract Areas on offer
· The technical data available to support bids
· The application procedure for interested companies
Over thirty oil companies attended; this high number of attendees demonstrates the strength of interest in Sierra Leone’s hydrocarbon potential