Management

The agreement requires the consortium to conduct its own proprietary 3D survey of Block 8 in hope of zeroing in on the sweet spot that eluded the TotalEnergies-led consortium when it drilled a dry hole in an adjacent block in 2023.
Murphy Oil’s Hai Su Vang (Golden Sea Lion) appraisal well reinforces the commerciality of the 2025 discovery.
The London-headquartered independent acquires position in the US Gulf while preparing Zama for final investment decision.

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