DAKAR May 4 African Petroleum, an oil
firm founded by Romanian-Australian businessman Frank Timis,
said in a statement it still owns a licence to explore an oil
block off the coast of Senegal that French oil major Total
said it bought this week.
The claim could set up a battle over potentially lucrative
exploration licences just as the poor West African country is
preparing to begin oil production after a series of promising
"The company reiterates its position that it holds a 90
percent operated position in the ROP (Rufisque Offshore Profoud)
production sharing agreement," African Petroleum said in a
statement on Wednesday.
"Under the terms of the ROP Production Sharing Agreement,
the block remains active unless and until a termination
procedure is enacted by the Republic of Senegal," it added.
A Total spokesman declined to comment.
Senegal's government had previously said it cancelled the
contract because African Petroleum did not carry out work
commitments, without giving details.
State oil firm Petrosen, which under both the Total and the
African Petroleum deals holds the remaining 10 percent of the
block, said on Thursday the contract had been cancelled in April
"The company was supposed to do work in compliance with its
obligations and that was not done so we cancelled the contract,"
Petrosen Managing Director Mamadou Faye said.
A spokesman for African Petroleum was not immediately
available for further comment on Thursday.
Another firm owned by Timis called Timis Corp and Petrosen
agreed a $400 million deal to cede a portion of the rights in
two other Senegal blocks to Kosmos in 2014.
(Reporting by Diadie Ba, Emma Farge and Edward McAllister;
Additional reporting by Bate Felix in Paris, editing by David