Total awarded two exploration licenses in Mauritania

Total has signed two exploration licenses with the Mauritanian government that gives it, as operator, a 90% interest in the following blocks:

Block C 9 in ultra deep offshoreBlock Ta 29 onshore in the Taoudeni basin.

The National oil company SMH will hold the remaining 10%.

"With this ultra deep offshore award, we are entering into a high-potential, frontier play, known as the abrupt margin, in which major discoveries have been made recently, like in French Guyana" said Marc Blaizot, Total's Senior Vice President, Exploration.

"The license award is aligned with Total’s strategy of expanding its exploration operations into high-potential geological plays while leveraging the Group’s globally recognized ultra-deepwater expertise. The new onshore block is on the same trend as onshore Block Ta 7 on which latest exploration results show good prospectivity in this part of the Taoudeni basin."

The block C 9 is located approximately 140 kilometers offshore Western Mauritania, covering an area of more than 10,000 km?, in water depths ranging from 2,500 to 3,000 metres.

The Block Ta 29 is located in the Saharan desert, 1,000 kilometers east from Nouakchott and north of the Block Ta 7 in which Total is already conducting exploration activities.

For both blocks, a seismic acquisition campaign is planned as the first phase of the exploration program.

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