Fourth Licensing Round is Now Open
The Petroleum Directorate Sierra Leone launched the country’s Fourth Offshore Petroleum Licensing Round on the 25th January 2018 in London’s Geological Society. This Round is being exclusively supported by the Getech Group, through its wholly owned subsidiary ERCL. Applications to the Round close at 12-noon on 28th June 2018.
The round offers 5 Contract Areas featuring a new block system, including the areas of undeveloped discoveries from previous drilling campaigns, shallow water and deep- ultra deep water.
ERCL and the Petroleum Directorate have worked together since 2016 to provide the data that investors will require to review Sierra Leone’s proven prospectivity.
The PDSL and its partners: the Getech Group invite the wider International Oil and Gas community to participate in this Licensing round, and will be more than willing to welcome you all.
To see available data please visit our data portal.
The Petroleum Directorate’s Mission is to:
“facilitate the optimal exploration and development of Sierra Leone’s Potential Petroleum Resources for the long term benefit of its people, through the development of regulatory guidelines and monitoring contract compliance, having due regard for the economy, the environment, safety, technology, as well as balancing the interests of the nation and investor”
The Petroleum Directorate’s Vision is:
“To become a functionally and fiscally independent high-reliability regulatory agency capable of delivering its mission in a sustained way”