2023-11-18 14:36:25
“We have a well to drill and activities to carry out. It is, in fact, a sequence of activities falling within the framework of development. But all this will be done when we have better determined the potential, obviously we could then move on to the production phase. Also, if within two to three years everything is positive and the results are good, we will achieve production,” said Steven Lowden, managing director of “New Age”.
In the same vein, the two parties, during this working session, discussed several other points, in particular that on the partnership between the British oil and gas company and the company Olive Energy. On this subject, Steven Lowden said: “Olive Energy is a partner who will ultimately work with us and show how we can cede part of our interests to them, so that we can create a synergy that can take us more quickly towards production. »
Steven Lowden praised Congo’s efforts in oil production. The British company subsequently presented its vision in relation to the various activities that it can still carry out in the context of the production and exploitation of oil fields. “First, we have an obligation on Marine 3 and therefore we must respond to this obligation which is to drill. And for the rest, it must be said that if there is the possibility of being able to acquire other assets in Congo, we will obviously acquire them. explained Steven Lowden.
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