In June, 2005, ASCOM Group S.A. has signed a Production Sharing Contract for petroleum operations in Block 5B (20 120 sq.km) of Southern Sudan with the Government of Southern Sudan and has been assigned as Operator holding 95% of working interests.
During the initial exploration period (5 years), the following works have been carried out: topographic surveys and mapping, acquisition, processing and interpretation of 2 029 km of 2D seismic profiles, drilling of 3 exploration wells, EIAs covering all exploration activities, civil and infrastructure works inside of the block i.e: 136 km of roads constructed, a 3000 meters long airstrip, over 80 km of navigable canals, an extensive tank farm for fuel storage, storage warehouse for tubulars, chemicals, spare parts, auxiliary, dock yard for...