The A5-A concession area is the result of the public tender launched in October 2014 for the granting of areas for the Research and Production of Hydrocarbons in Mozambique. Eni Mozambico S.p.A., Sasol Petroleum Exploration Lda. and National Hydrocarbon Company, E.P. (ENH, EP), they were awarded the Offshore Angoche A5-A area whose extension is 4.612 km2, located in the maritime part of the Republic of Mozambique. The Oil Research and Production Grant Agreement (CCPP) was signed in October 2018, having as effective date 1 January 2019; The area is operated by ENI Mozambico S.p. A with 49.5% participations and partners to Qatar Energy (25%), Sasol Petroleum (10%) and ENH, E.P. (15%).

Description	Information
Public procurement	Released October 2014
Dealers	Eni Mozambico SpA (49.5%) Qatar Energy (25.5%) Sasol Petroleum (10%) ENH, E.P. (15%)
CCPP Signature Date	October 2018
CCPP Effective Date	1 January 2019
Area	4,612 km2
Location	Maritime part of the Republic of Mozambique

Executed Search Activities

• Acquisition of 8000 km of three-dimensional seismic data
• Geological and Geophysical Studies on the interpretation of seismic data
• Assessment of the oil potential of the area, identifying leads of Cretácio and Tertiary, as well as prospectuses of Tertiary age (Eocenical)
• Drilling a well designated "Raia-1"
• Geological studies following the implementation of the Raia-1 well to assess the oil system of the region

 

The Oil Sharing Agreement (CPP) was signed with Sasol on 26 October 2000, with an initial 10-year research duration. The Area of the CPP geographically overlaps with the Pande Area/Temane APP (Oil Production Agreement), excluding Grudja G6 and G9 formation producing deposits in Pande and Temane gas fields, respectively. About 1800 km of seismic 2D (2001, 2005, 2016) and 125 km2 of seismic 3D (2016) were acquired, and a total of 15 research wells and 22 evaluation holes made.

Discoveries in the area

• Raven G6A
• Tafula G8
• Pande G10, G11 and G11A
• Pande Este G11 and G11A
• Temane G8
• Temane This Deep (G11, G11A, G12 and G12A)
• G6 Inhassoro with light oil halo with gas capping
• G10 Inhassoro with subsaturated light oil

Activities

In 2015, a Field Development Plan (PdD) for Inhassoro G6, Inhassoro G10, Temane G8, Temane Este Profundo (G11, G11A, G12 and G12A) was presented. The PD was approved in January 2016. About 117 km of seismic 2D and 125 km2 of seismic 3D were acquired along Inhassoro G6 and G10, and 09 assessment and development wells were made in PD deposits from 2016 onwards, resulting in a better understanding of deposits. New and small discoveries were made in a well in 2016 during the development phase in the area of the CPP, Temane G6A, G11A and G12, with gas in the shallowest deposits and light oil in the deepest deposits. In 2019, the following findings were in the Commercial Assessment Period (CAP): Pande G10, G11 and G11A, Pande Eeste G11 and G11A, Corvo G6A and Tafula G8. Two valuation wells were carried out in 2018 to evaluate Pande's deposits.

Resource Estimates

Total estimates of resources present in PSA discoveries have gas volumes at the site of about 2.5-3 tcf, and recoverable gas volumes of about 1-1.5 tcf. The expected light and condensate recoverable oil is in the range of 30-40 million barrels of liquid. There are still significant uncertainties related to these estimates.

 

The CCPP was signed in October 2018 with Sasol and ENH as a result of the 5th area concession competition. The area is located in the onshore part of the Mozambique Basin, near the gas deposits of Pande and Temane, in northern Inhambane province. The research period has a duration of 8 years and was subdivided into 3 research sub-periods of 4 + 2 + 2 years.

Research subperiod	Duration	Minimum Work Obligations
First	48 months	Acquisition of 1,600 km of seismic data 2D Drilling of 2 Research wells to the depth of approximately 1,750 meters TVD or to the stratigraphic base of G6 – G12 Complete USD 5 million studies
Second	24 months	Drilling of a Research well to the depth of approximately 1,750 meters or to a stratigraphic target of G6 – G12 Complete USD 5 million studies
Third	24 months	Drilling of a Research well to the depth of approximately 1,750 meters or to a stratigraphic target of G6 – G12 Complete USD 5 million studies Acquisition 2008 Km of 2D seismic, data reprocessing in 2020 Two-well Golden-1 and Beautiful-1 drilling notified discovery of the Bonito-1 Pit on horizon G9 in 2023 Revision of coordinates to include the area of the Nsiwi prospectus with approximately 132 km

The CCPP was signed in the light of Decree 38/2008 of 17 October and approved by the Council of Ministers, and concluded on 31 October 2008 between the Government and the National Hydrocarbon Company (hereinafter referred to as "ENH") which then held 100 % shares with effect from April 2009. Subsequently ENH gave its participatory interest to Buzi Hydrocarbons Pte. Lda. (BHPL), as a strategic partner becoming this, the dealership and operator of this Block, with 75% of participatory interest and the partner ENH with 25%.

Description	Information
Minimum Work Obligations	First subperiod 300 km reprocessing of 2D seismic and 1650 km reinterpretation Acquisition of 600 km of new seismic data 2D Second subperiod Execution of two (02) wells (one search and one evaluation) Third subperiod Execution of two (02) wells (one search and one evaluation)
Activities	300 km reprocessing of pre-existing 2D seismic and 1650 km re-interpretation Acquisition of a total of 614 km of new seismic data 2D Abandonment of 25% of the initial total area as the respective CCPP governs it Notification of findings as a result of drilling of two research wells BS-01 and BS-02 in 2021 Preparations for acquiring 2D seismic data are under way, that is deforestation and demining.