RE: ASSETS30 Apr 2015 22:54
Chad : MAVERICK PETROLEUM to develop SIDIGUI OILFIELD, establish 10K barrels refinery.
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Maverick Petroleum Ltd., has inked a deal with the Chad Government for the development of Sidigui Oilfield and establishment of a 10,000 barrels refinery.
Sedimentary structures and other analysis show that Sidigui sands were deposited from fluvial to shallow marine waters.
A faulted dome structure, the Sidigui field, contains several staked pay zones, reservoir rock is good quality sandstone with porosities ranging between 200 md and 500 md. Oil, gas and condensate exist. Oil gravity is nearly 48A[bar] API and condensate gravity varies from 50A[bar] to 52A[bar] API.
Determined to guarantee that the latest quest for a significant oil discovery in the Chad Basin meets success, the Minister of Petroleum Resources Mrs. Diezani Alison- Madueke has asked the Corporation to put it all efforts in its push to strike black gold in the potential Chad Basin
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