Block 131 Offshore – Somalia
About the Permit
In March 2024, Liberty Petroleum signed a Production Sharing Agreement (“PSA’s”) between the Federal Government of Somalia and Liberty’s affiliated company, PetroQuest Africa Corporation.
The contract for Blocks 131 is located offshore Somalia and have an initial 5 year term during which Liberty will evaluate existing seismic data with a view to high-grading areas to acquire 3D seismic surveys. Subject to the results of the 3D seismic there is scope to undertake drilling during the initial term of the work programme obligation and during the 2 renewal periods.
Block 131 comprises 5000 km2 on the North-eastern flank of the Mid-Somalia High. Two petroleum plays are present, a lower Jurassic oil play and middle to upper Jurassic aged carbonate oil play with seismically mapped features that are 10’s of kilometres in length. Stratigraphic traps comprising the reefs are mappable as are large 100 km2 combined traps systems overlain by an interpreted thick upper Jurassic shale.
View Block 131 Leopard Prospect Technical Presentation
