Comoros

Block 35, 36 & 37

Discover Exploration owns 100% of deep-water exploration blocks 35, 36 & 37 offshore the Comoros.

The blocks are located in the eastern Rovuma Basin, outboard of Mozambique's offshore Rovuma Areas 1 and 4 where ~200 Tcf of natural gas in place has been discovered, the world's largest natural gas discovery in decades.

Unlike the western Rovuma Basin, the deep-water turbidite fans located in blocks 35, 36 & 37 are less deeply buried and have lower thermal activity, pointing to an oil fairway across the eastern Rovuma Basin.

In 2019, the partnership acquired a 3,000 sq. km 3D seismic survey, the first ever in the Comoros. Drilling of the first exploration well will occur as early as 2023.

Based on the exploratory studies undertaken to date, the prospectivity of blocks 35, 36 & 37 is very significant. In its latest CPR (Competent Persons Report) ERCE, the UK-based independent energy consulting group, estimates the presence within the 3D seismic survey of in excess of 3 billion barrels of oil in Pmean prospective resources.