Two year extension of the Manja licence with flexible work program
Crown Energy AB (“Crown Energy”) are pleased to announce an extension to our 100% owned Block 3108 Manja Licence, onshore Madagascar.Following a meeting with OMNIS, the regulatory body of Madagascar it has been agreed to extend the exploration period for two years until 14-Nov-19. The work programme for this additional two year phase is carried over from the previous period and will continue to consist of an FTG (Full Tensor Gravity) survey over the block, followed by optional 2D seismic. The two year phase will contemplate drilling of the first exploration well. The agreement had a