1. Guinea Ecuatorial de Petróleos
NOT AN OFFICIAL UNCTAD RECORD
Guinea Ecuatorial de Petróleos
OIL AND GAS EXPLORATION AND PRODUCTION PONTENTIAL IN EQUATORIAL GUINEA
Cándido NSUE OKOMO
MANAGING DIRECTOR OF GEPETROL

2. I N T R O D U C T I O N
Monday, April 24, 2017
GEPetrol
GEPetrol was created in 2001 to follow up the petroleum operations, such as :
1. Negotiation and signature of PSC’s.
2. Follow up the petroleum operations in the field.
3. Marketing activities of State production sharing in Contracts.
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

3. State Shares At THE Beginning OF OIL INDUSTRY
Monday, April 24, 2017
State Shares At THE Beginning OF OIL INDUSTRY
GEPetrol
The State participation was insignificant.
State to improve this situation, the national oil company GEPetrol was created.
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

4. STATE SHARE IN PSC’S AND GEPETROL ASSETS
Monday, April 24, 2017
STATE SHARE IN PSC’S AND GEPETROL ASSETS
GEPetrol
The State participation at the beginning was from 0 to 5%
With GEPetrol the state participation interest in PC’s is between 20 to 58.40%.
On May this year, GEPetrol bought Ocean Equatorial Guinea assets with a value of 2.2 billion USD paid by the Government from Equatorial Guinea State Treasury.
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

5. JOINT VENTURE COMPANIES
Monday, April 24, 2017
GEPetrol Seguros
GEPetrol
GESeis
SGS G.E.
JOINT VENTURE COMPANIES
Luba Free Port
GEPBULK
Equipment and Controls
Loteg
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

6. CURENT OIL FIELDS IN PRODUCTION
Monday, April 24, 2017
CURENT OIL FIELDS IN PRODUCTION
GEPetrol
CEIBA AND OKUME FIELDS
ZAFIRO FIELD
ALBA FIELD
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

7. TRAINING Promoting Local People: 1. English Courses
Monday, April 24, 2017
TRAINING
GEPetrol
Promoting Local People:
1. English Courses
2. Seismic Interpretation
3. Drilling Operations
4. Marketing Activities
5. Negotiation of Contracts
6. Reservoir Engineering
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

8. Actual production in E. G.
Monday, April 24, 2017
Actual production in E. G.
GEPetrol
BOPD
Zafiro
BOPD
Ceiba-Okume
Alba BOPD
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

9. Actual Exploration in E. G.
Monday, April 24, 2017
Actual Exploration in E. G.
GEPetrol
BLOCK “O” CONDENSATE DISCOVERY
BLOCK “I” CONDENSATE AND OIL DISCOVERIES
BLOCK “P” OIL DISCOVERY
BLOCK “C” CONDENSATE DISCOVERY
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

10. INVESTMENT OPORTUNITIES IN THE FUTURE
Monday, April 24, 2017
INVESTMENT OPORTUNITIES IN THE FUTURE
GEPetrol
PROMOTE THE OPEN BLOCKS ONSHORE AND SHALLOW WATER OF RIO MUNI, INCLUDING ANNOBON (NEVER EXPLORED)
PROMOTE THE RELINQUISHED AREAS OF EXISTING PSC’s
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

11. INVESTMENT OPORTUNITIES IN E. G.
Monday, April 24, 2017
INVESTMENT OPORTUNITIES IN E. G.
GEPetrol
PROMOTE THE LOCAL CONTENT
PROMOTE TOURISM, CULTURE, AGRICULTURE, MEDICINE PLANTS AND FISHING ACTIVITIES IN EG
PROMOTE DRILLING OPERATIONS
PROMOTE TRANSPORT OF CRUDE OIL
DISTRIBUTION SERVICES
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

12. OUTCROPS IN INCOA-NTOMA AREA (BATA)
Monday, April 24, 2017
OUTCROPS IN INCOA-NTOMA AREA (BATA)
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

13. OUTCROPS IN IDUMA (MBINI)
Monday, April 24, 2017
OUTCROPS IN IDUMA (MBINI)
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

14. OUTCROPS WITH OIL SHOWS IN BISONG (BATA)
Monday, April 24, 2017
OUTCROPS WITH OIL SHOWS IN BISONG (BATA)
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

15. FUTURE DEVELOPMENT AND PRODUCTION
Monday, April 24, 2017
FUTURE DEVELOPMENT AND PRODUCTION
GEPetrol
Block “O” with Gas Condensate discovery
Block “I” with Crude Oil and Gas-condensate discoveries
Block “P”, with Crude Oil and Gas discovery
Block “C”, with Gas condensate discovery (in Evaluation phase)
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

16. PRELIMINARY POD IN BLOCK “P”
Monday, April 24, 2017
PRELIMINARY POD IN BLOCK “P”
GEPetrol
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

17. PRELIMINARY POD IN BLOCK “P” (PUNTA MBONDA)
Monday, April 24, 2017
PRELIMINARY POD IN BLOCK “P” (PUNTA MBONDA)
GEPetrol
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

18. PETROLEUM PRODUCTS STORAGE TANKS, BATA
Monday, April 24, 2017
PETROLEUM PRODUCTS STORAGE TANKS, BATA
GEPetrol
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

19. PETROLEUM PRODUCTS STORAGE TANKS, BATA
Monday, April 24, 2017
PETROLEUM PRODUCTS STORAGE TANKS, BATA
GEPetrol
Monday, April 24, 2017
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008
GEPetrol presentation, UNCTAD Conference, Malabo, November 4 to 7th 2008

20. Thank you very Much for your attention
Monday, April 24, 2017
G E P e t r o l
Thank you very Much for your attention
Monday, April 24, 2017

21. UNCTAD Conference, November 2008
Monday, April 24, 2017
G E P E T R O L
UNCTAD Conference, November 2008
Monday, April 24, 2017