Artemis Atlantic to Start 2D Seismic Survey Offshore Senegal

Cap Energy PLC, is about to start seismic operations on the Block Djiffere Offshore, offshore Senegal.

The Djiffere Offshore Licence was awarded in July 2013 to Rex Atlantic Limited (now TAOL Senegal (Djiffere) Limited). Cap, through its wholly owned subsidiary, Sencap Limited, recently acquired a 49% participation in TAOL Djiffere.

On 31 March 2014, TAOL Djiffere issued a Letter of Award of a 4,000 km full fold 2D seismic survey contract on the Djiffere Offshore Licence to Dolphin Geophysical AS. The survey, to be carried out by the seismic vessel Artemis Atlantic, is planned to commence around 22 April 2014 and to last approximately 35 days.

Commenting on the award of the 2D seismic contract, Lina Haidar, Cap’s Chief Executive, said: “The acquisition of the seismic data on the Djiffere Offshore License will be an important step forward in the understanding of the potential of the Djiffere Offshore block and we are pleased with the quick implementation of the work programme on the license. We look forward to updating shareholders on progress of these activities in due course.”