About this project
MGGS has been mandated by the AGC authority to promote the AGC Shallow block, part of the very promising MSGBC Basin. MGGS with AGC, have signed the exclusive rights for the brokerage of 2D and 3D data.
The Management and Cooperation Agency between Senegal and Guinea-Bissau (AGC) was created on October 14, 1993 with a view to the joint exploitation of the maritime zone located between the azimuths 268 ° and 220 ° traced from from Cape Roxo.
The AGC Shallow license block is located in the AGC (Agence de Gestion et de Cooperation entre Le Sénégal et la Guinée Bissau) Joint Development Zone, which lies within the Casamance Salt sub-Basin and greater MSGBC Basin. It is a 1,700 km2 nearshore license block with water depths ranging from 25m to 100m at its maximum. The block is available to companies interested in an opportunity to develop a proven oil resource with already identified exploration upside.