Asset Report
Iroko and Padouk
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Iroko block is an offshore field in Cameroon, adjacent to the maritime border with Nigeria. It is in the Rio del Rey basin, which is the eastern extension of the prolific Niger Delta. In 2008, Addax signed a production sharing contract (PSC) for the acreage and subsequently discovered two fields: Iroko (2008) and Padouk (2012). Padouk was successfully appraised in 2012 and the partners were awarded a 20-year development licence in 2013 with an option to extend it by 10 years.Padouk ...
Table of contents
- Summary
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Key Issues
- Development drilling
- Future work
- Exploration costs
- Capital costs
- Operating costs
- Royalty/Tax
- Cost Recovery
- Profit Oil
- Regulatory outlook
- Global Economic Model (GEM)
- Cash Flow
- Indicative Technical Valuations
Tables and charts
This report includes the following images and tables:
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Index mapIroko Block mapParticipation
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Reserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2020-2025)Production profileCapital Costs Pre-2018 to 2025 (US$ million)Operating Costs 2026 to 2031 (US$ million)Cash Flow (US$)
- 8 more item(s)...
What's included
This report contains:
