La oil company British Afentra a Annon& On Wednesday 10 May, having completed the acquisition of the interests held by the pétrolière Croatian company INA-Industrija Nafte (INA), in blocks 3/05 and 3/05 A, both located in Angola.

The procedures to acquire the assets in Angola of the Croatian company INA have been underway since July 2022. Last Wednesday, the company informed that these formalities have been completed. Indeed, the closure of the transaction officially marks Afentra's entry into these areas, in which it now holds 4% and 5.33% of a stake, in accordance with the terms of the agreement signed between the two partners in July 2022. INA is expected to receive $10 million, which represents part of the funds paid in return for the acquisition of Block 3/05, in particular

It is in addition to an initial sum of $9 million and should be supplemented by an additional payment of 6 million dollars over 3 years depending on production levels achieved. As of April 30, 2023, these had reached around 19 000 b/d,