Offshore Guinea-Bissau, Blocks 2, 4A and 5A, Licences Sinapa (Block 2) and Esperanca (Block 4A and 5A)

An opportunity to enter a proven oil-prone Cretaceous play on the NW African Atlantic margin in a conventional setting. Comprising three blocks covering nearly 6,000 km2 in shallow to moderate water depths, Guinea Bissau. There are two discoveries of light, sweet crude and oil occurrences on the blocks attest to a working petroleum system. 10 prospects and leads have been identified. These include the Sinapa West prospect located in 42m of water and with Pmean reserves of nearly 50 MMbbl and a COS of 36%. In deeper water is the Atum prospect with Pmean reserves of 100 million barrels and a COS of 22%. Considerable upside exists; filled to spill P50 reserves of 140 MMbbl for Sinapa West and over 200 MMbbl for Atum. Total on-block Pmean reserves are nearly 600 million barrels. Svenska is looking to retain 30% working interest with 25% being offered to interested parties. This would be in return for a leveraged work program and/or part re-imbursement of recent past costs.





  • East Malling Business Centre
  • 01732 220058


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