Independent building major position in African deepwater play

摘要

The West African deepwater has usually been associated with names like Elf, Exxon, Texaco, or Chevron. And this is rightly so. In terms of activity, these four players have garnered a vast number of world-class fields in the region. But in terms of actual deepwater acreage position, these giant producers are being pushed by a company that has yet to spud its first well - Vanco Energy Company. Vanco holds over 16 million net acres in the deepwater territories offshore West Africa. This is nearly double the acreage of any other operator in deepwater West Africa. The company holds interests in seven blocks along the coastline in countries including. Gabon, Morocco, Cote d'Ivoire, and Senegal.