24 June 2011
Maputo — The Norwegian group Det Norske Olse-Selskap (DNO International) is abandoning oil and gas exploration in the Inhaminga block, in the central Mozambican province of Sofala.
According to a source in the Mozambican National Hydrocarbon Company (ENH), DNO is giving up because none of the four wells it drilled turned up any finds of hydrocarbons in commercially viable amounts.
DNO-International invested about 30 million US dollars in the exploration. The drilling found some natural gas, but not in significant quantities.
The Inhaminga block is onshore and covers a vast area of Sofala, including the districts of Cheringoma, Caia, Gorongosa and Maringue.
Earlier work by DNO in the districts of Dondo and Muanza, also in Sofala, included aero-magnetic surveys, the acquisition of 2D seismic studies, geochemical sampling, and the opening of three wells. But here too the results were negative.
AllAfrica – All the Time
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DNO International Abandoning Oil Exploration