Tag Archives: Oranto Petroleum

Oranto Launches $500-Million Oil Exploration Campaign in South Sudan

  • EPSA contract signed today in Juba for South Sudan acreage.
  • Oranto Petroleum is the 90% shareholder and operator of large Block B3, plans to invest $500 million for exploration and development.
  • Government looks to new entrants to boost oil production.

Oranto Petroleum will invest $500 million to develop South Sudan’s Block B3, launching a comprehensive exploration campaign starting immediately. The Ministry of Petroleum and Oranto Petroleum Company, South Sudan signed the exploration and production sharing agreement for the block today in Juba.

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