OMNIS Announces Bid Round in Morondava Basin, Offshore Madagascar

The Office des Mines Nationales et des Industries Strategiques in Madagascar (OMNIS) announced today the opening of a new License Round over the Morondava Basin, offshore west Madagascar.


In anticipation of the License Round, a new seismic survey of 10,300 kilometers is being acquired by TGS-NOPEC.

Seminars will be held in London and Houston during Q1 of 2006 to present the bid round and the acquired geophysical data to the industry. OMNIS has scheduled the closing date for applications to be September 25, 2006 and it is anticipated that licenses will be granted soon thereafter. Companies will be required to purchase 25% of available seismic data in order to participate in the License Round.

Contacts


OMNIS, Antananarivo
Elise Razaka, +261 (20) 22 244 39
Fax: +261 (20) 22 229 85

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