Gabon: Nyuwa (D13) & Osulu (D14)

Impact’s Gabonese assets lie in the southerly offshore area adjacent to the Diaman-1b (2013) discovery in water depths from 2,800 to 3,600 meters.

 

The prospectivity of blocks D13 and D14 is enhanced by the nearby pre-salt discoveries of Diaman-1B (2013) which encountered 55m of net gas and condensate pay and Leopard Marin-1 (2014) which encountered 200m of net condensate pay.

Following the interpretation of multiclient 3D seismic in Gabon, Impact is currently in early stage discussions with potential partners on its last remaining operated assets. The interpretation reaffirms and enhances the Company’s expectations from earlier 2D data with both pre-salt and post salt prospectivity on trend from Shell’s Leopard discovery to the north. The 3D is additionally suggesting a very large, potentially oil-prone play outboard of the main target originally identified.

Impact acquired it’s Gabonese assets following an invitation to bid during the 10th licensing round in Gabon. The round was officially declared open in November 2013 and was attended by approximately 20 oil and gas companies including many majors. Impact was the only small private company to be invited by the Government to fully participate in the negotiation process. Impact bid for, and was awarded D13 and D14 creating a world-class acreage opportunity in an exciting play, which was highly contested by the majors and large independents.

Impact and several other companies all signed their respective versions of the negotiated PSC on 8th August 2014.

Allocation of Interest (each BLOCK)

Impact Oil & Gas Ltd 100% (Operator)