STAPET is an independent oil an gas company dedicated to exploration, development and production of oil and gas fields, particularly in Sao Tome and Principe, West Africa, Gulf of Guinea.
Sao Tome America Petroleum Corporation (STAPET) commenced negotiations with Sao Tome & Principe (STP) government to evaluate hydrocarbon potential in the onshore/coastal shoreline of the West African Archipelago.
STAPET signed a contract with GeoDynamic Research - Italy, to carry out a 2DPSS (2D Passive Seismic Survey) on the Sao Tome & Principe Islands in the Gulf of Guinea.
Prospect Authorization License
December 26, 2013
Prospect Authorization for Onshore and Coastal/shoreline of STP was approved by the government of Sao Tome and Principe.
June 5, 2014
STAPET’s Prospect Authorization License for Onshore and Coastal/shoreline of STP was signed by the National Petroleum Agency of Sao Tome and Principe, to implement the minimum work programme.
STAPET, initiated and performed field work reconnaissance in anticipation of 2DPSS, to evaluate the country’s hydrocarbon potential in the onshore areas of interest.
The main objective of this GeoDynamic Research Geospectra IPDS Survey (IPDS - Infrasonic Passive Differential Spectroscopy) is to identify onshore prospect, including hydrocarbon subsurface pools.