Total (Paris:FP) (LSE:TTA) (NYSE:TOT) announces that its 75.8% -
owned affiliate, Total Exploration & Production Cameroon, has
been awarded by the Ministry of Industry, Mining and Technological
Development of Cameroon the Lungahe exploration block in the
offshore Rio del Rey basin. Total Exploration & Production
Cameroon will operate this block with a 100% participation
stake.
The 83.6 square-kilometre block is located near concessions and
permits operated by Total in Cameroon.
Entering into this block allows Total to consolidate its
presence in the areas where the Group has operations.
Total Exploration & Production in Cameroon
Total has been a producer in Cameroon since 1977 and operated
close to 60,000 barrels per day (b/d) in 2008, nearly 65% of the
country's overall production.
In November 2008, Total Exploration & Production Cameroon
obtained the exclusive authorisation to operate the Dissoni field
(37.5%, operator).
Total is one of the world's major oil and gas groups, with
activities in more than 130 countries. Its 97,000 employees put
their expertise to work in every part of the industry - exploration
and production of oil and natural gas, refining and marketing, gas
& power and trading. Total is working to keep the world
supplied with energy, both today and tomorrow. The Group is also a
first rank player in chemicals. www.total.com
TOTAL S.A.
Capital 5 929 520 185 euros
542 051 180 R.C.S. Nanterre
www.total.com