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Vanco ups equity in deepwater Côte d'Ivoire block

Vanco Energy has acquired Xpronet's 13.5% interest in block CI-112 offshore Côte d'Ivoire, taking Xpronet's equity in the block to 90%. The remaining 10% is held by state-affiliated oil company, PETROCI. Vanco has relinquished its other block offshore Côte d'Ivoire, CI-109, after an extensive study of 2D seismic. Block CI-112 is a 1.2m acre deepwater tract in the country's westernmost offshore sector.licence with Denerco acting as operator.

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