Serinus Energy selected as preferred bidder on the KON-13 block, Kwanza basin

Serinus Energy plc (LON:SENX) has noted that it has been selected as a preferred bidder on the KON-13 block in the onshore Kwanza basin in the Republic of Angola. Formal notification of this preferred bidder status is expected to be received from the Agência Nacional De Petróleo, Gás E Biocombustíveis in the coming days. 

In November 2023, the Company submitted proposals to participate as operator on two blocks in the Kwanza basin onshore Angola.  The Kwanza basin is a large proven hydrocarbon basin extending over 25,000 km2. The basin has existing oil discoveries dating back over seventy years. The Company was awarded preferred bidder status on one concession area, KON-13.   The KON-13 block has an aerial extent of 1,011 km2 with one exploration well drilled in 1969 and 136 km of legacy 2D seismic.

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