Australian junior eyes Cote D’Ivoire gas

摘要

Sydney—Australian junior Azonto Petroleum aiming to start producing gas from its Gazelle project offshore Cote D’Ivoire by late 2015, CEO Rob Shepherd told Platts in an interview this week. Azonto, which changed its name from Rialto Energy in November, is emerging from a difficult 12 to 18 months, in which it has renegotiated its agreement over the CI-202 block with the Cote D’Ivoire government, extracted itself from an extraneous contract, and taken on a new joint venture partner in Vitol. That followed an unsuccessful investment of around $90 million in two disappointing wells during 2012