Brenham Oil & Gas to Negotiate Production Sharing Contracts in West Africa

Brenham Oil & Gas Corp. (OTCBB:BRHM) reported that the Government of Equatorial Guinea has invited it to propose and negotiate the terms and conditions for multiple deepwater exploration blocks.

As quoted in the press release:

The Equatorial Guinea area was highlighted by Brenham’s Rog Hardy, as part of the Company’s ongoing review of seismic and well data in Sub-Saharan Africa.

Brenham’s President, Scott Gaille stated:

The discussions with the Government of Equatorial Guinea represent Brenham’s ongoing technical and commercial efforts to identify untapped exploration potential in Africa by comparing data from successful discoveries to data from unexplored areas.

Click here to read the Brenham Oil & Gas Corp. (OTCBB:BRHM) press release.