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PRESS
RELEASES

Government of Sierra Leone Award Petroleum Licence to F.A Oil Limited

Released on: 04/12/2023
The General Public is hereby informed that following the closure of Sierra Leone Fifth Licensing Round and the successful conclusion of the negotiation of terms for a prospective Petroleum License Agrreement in respect of six offshore Graticular blocks, the Government of Sierra Leone has awarded.

Sierra Leone Fifth Offshore License Extension

Released on: 19/01/2023
The Government of Sierra Leone through the Petroleum Directorate of Sierra Leone (PDSL) is excited to announce the extension of the Sierra Leone 5th Offshore License Round.

External Innoson Oil and Gas Ltd's, on the cusp of a huge 8 trillion cubic feet (TCF) gas discovery

Released on: 13/05/2022
With estimated recoverable resources of 8.2 TCF and 234 MMbbl of gas and condensate respectively, the Ryder Scott Company, has confirmed Innoson Oil & Gas Ltd’s, own findings from a rigorous hydrocarbon exploration campaign it has been engaged in.

New Reconnaissance Permit Agreement

Released on: 09/05/2022
The Petroleum Directorate of the Republic of Sierra Leone (hereinafter referred to as PDSL) is pleased to announce that it has entered into a Reconnaissance Permit Agreement (RPA) with Wildcat Petroleum plc (LSE: WCAT).

Conclusion of Direct Negotiation Licensing Modality

Released on: 07/04/2022
The Petroleum Directorate of Sierra Leone (hereinafter referred to as PDSL) wishes to inform the stake-holding community that it is on the verge of concluding its Exploration and Production (E&P) license award via Direct Negotiation. PDSL is determining the efficacy of its options for E&P license award under prevailing circumstances.