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In 2006, BG Group acquired a 30% interest in the Majunga Offshore Profonde exploration block in Madagascar under a farm-in agreement.

BG Group’s partners are ExxonMobil (50% and operator), SK Energy (10%) and PVEP Corp (10%).

The block covers around 15 840 square kilometres in deep water (200-3 000 metres) off north-west Madagascar. Believed to be oil prone, it forms part of a largely unexplored frontier basin. Technical evaluation is ongoing, utilising 2D and 3D seismic data.