KEYFACT Energy
The National Hydrocarbons Corporation launched a Licensing Round for eight blocks in the hydrocarbons rich Rio del Rey Basin (RDR) and in the highly prospective Douala/Kribi-Campo (DKC) Basin. Bids will be received by June 29th, 2018, latest at 12 noon local time (GMT + 1). Notification of results is scheduled for July 18th, 2018. International Oil & Gas Companies are invited to submit bid(s) for one or more blocks presented below:
| Blocks | Surface area | Location |
| Etinde Exploration | 1,698.0 km² | Offshore/SW |
| Tilapia | 3,874.9 km² | Offshore/SW |
| Ntem | 2,319.0 km² | Offshore, WD>500 m |
| Elombo | 2,405.0 km² | Offshore/SW |
| Kombe-N’sepe | 3,026.0 km² | TZ/Onshore |
| Blocks | Surface area | Location |
| Bomana | 223.3 km² | Offshore, WD<50 m |
| Bolongo | 391.5 km² | Offshore, WD<70 m |
| Bakassi | 736.9 km² | TZ/Onshore |
WD: Water Depth; SW: Shallow Water; TZ: Transition Zone
Petroleum Geology - Douala/Kribi-Campo basin
The Douala/Kribi-Campo basin, covering a total area of 19 000 km², is the northern most basin of the South Atlantic rift. It lies between the prolific petroleum producing Niger Delta to the North and the Rio Muni Basin to the South.
Source rocks have been identified from several different stratigraphic levels including the:
- Aptian / Albian
- Upper Cretaceous
- Miocene - Oligocene (Souellaba)
- Potential Eocene/Paleocene (N’kapa)
All the oil properties indicate that oils originate from terrigenous-dominated source rocks deposited in a marine environment. Abundant oil seeps exist at the basin margins.
Hydrocarbon bearing reservoirs have been encountered at nearly every stratigraphic level from Miocene (Souellaba) down to the Aptian - Albian (Lower and Upper Mundeck) and across a variety of depositional systems from continental to deep water fans.