Douiret Prospection License


Mazarine Energy and ETAP applied for the Douiret Prospection permit in August of 2016 which was awarded on 22 December 2017 for the duration of 2 years, the percentage of participation are divided equally between the two Parties. The obligations for this license consist of the acquisition of new 200 km2 3D seismic worth USD 2.5 Million, the reprocessing of legacy 2D seismic (~1000 km) and G&G Studies, within the two years of the prospecting duration.