Writing the article on this year’s Top Oil Wildcats! And guess what? It is not because the prospect turned out to be sub-commercial. It remains one of Africa’s most interesting untapped plays. Potentially opening up a new country with no previous exposure to the world of energy. Senegal and Mauritania started to break their way onto the energy maps of Western Africa. Guinea Bissau has remained a relative outlier. The lack of official recognition of discoveries does not necessarily mean a lack of hydrocarbons. As can be attested by the Atum prospect. Atum remains one of the hottest plays in offshore Africa, an overlooked gem that would only need a little bit of political stability to shine. Learn More about Africa’s Most Interesting Untapped Oil Play here.
There are recent big discoveries in Senegal’s offshore. This includes FAN-1 and SNE (the latter being the largest oil discovery globally in 2014). Shortly after that, there are new plays in Mauritania’s offshore. To mention some are such as Orca, have unearthed an untapped frontier area that is rich in both oil and gas.
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Source: Oil Price
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