Surestream’s commitment to the exploration and investment in Democratic Republic of the Congo is recognised
19 August, 2010
Surestream is pleased to confirm that ENI, the premier Italian energy corporation, acquired 55% of the Ndunda block in the Democratic Republic of the Congo from Surestream RDC Sarl. more
Surestream Petroleum (Burundi) Limited initiates Environmental Impact Assessment
07 May, 2010
Surestream Petroleum (Burundi) has employed the services of the International renowned RPS Group to conduct a key Environmental Impact Assessment (EIA) of its blocks on Lake Tanganyika in Burundi. This process…
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Surestream Burundi received the Presidential Decree for Block B Permit
06 November, 2009
The President of the Republic of Burundi, H.E. Pierre Nkurunziza, today signed a Presidential Decree (n°100/187) which endorses the grant of the exploration rights to Surestream Petroleum (Burundi) Limited on the…
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Surestream is awarded the exploration permit for Block B in Burundi
29 October, 2009
Today, The Council of Ministers in the Republic of Burundi awarded Block B to Surestream. This block covers the Northern part of Lake Tanganyika and has a surface area of 700…
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Surestream’s technical team presented the first findings to the Ministry of Energy of Burundi
11 June, 2009
This week Surestream’s executive and technical teams were in Bujumbura to present the first findings of their exploration work to the Ministry of Energy. The technical presentation on Surestream’s Block D…
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Surestream Burundi’s Bujumbura Branch is established
31 March, 2009
Surestream Petroleum (Burundi) Limited registered a branch in Bujumbura, Burundi. The Branch will carry out the liaison with the local authorities.
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2D Seismic data acquisition contract for DRC, Ndunda PSA is awarded to CCGPI
14 January, 2009
Surestream signed an agreement with Chinese National Administration of Coal Geology (CCGPI) in Beijing today for the acquisition of 2D Seismic Data on the Ndunda Block. The survey is expected to…
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Surestream Burundi received the Presidential Decree for Block D Permit
13 November, 2008
The President of the Republic of Burundi, H.E. Pierre Nkurunziza, today signed a Presidential Decree (n°100/180) which endorses the grant of the exploration rights to Surestream Petroleum (Burundi) Limited on the…
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Surestream is awarded the exploration permit for Block D in Burundi
02 September, 2008
Today, a protocol was signed between Surestream’s Executive Director, Mr. Pierre Achach and the Republic of Burundi, represented by the Minister of Energy, H.E. Mr. Samuel Ndayiragije, relative to an exploration…
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Surestream Petroleum (Burundi) Limited established
21 August, 2008
In line with the Company’s ambition to secure exploration acreages in the Republic of Burundi, today Surestream Petroleum (Burundi) Limited (SPBL) is formed as a wholly owned subsidiary of Surestream Petroleum…
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Surestream makes financial contribution to Buntu Foundation for the construction of schools in Burundi
14 August, 2008
Today Surestream signed a protocol with the Burundi Ministry of Energy to establish the framework of the Company’s contribution to the local community. The Company committed to disburse US$ 400,000 to…
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Protocol signed with Burundi for Exploration Permit over Lake Tanganyika
25 June, 2008
The Republic of Burundi has responded favourably to the application of Surestream for the grant of an exploration permit over Lake Tanganyika. The finalization of the permitting is subject to competitive…
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Social Action Fund protocols for development of exploration areas in DRC signed with the authorities
19 April, 2008
In line with the provisions of the Production Sharing Agreements pertaining to the social intervention programme for the local population surrounding the exploration areas (Ndunda and Yema, Matamba-Makanzi blocks), Surestream today…
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Surestream awarded the contract for demining of exploration areas in DRC to Minetech
31 July, 2007
Today a contract was signed between Surestream and Minetech to survey, mark and demine certain areas within Surestream’s YMM acreage.
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2D seismic acqusition contract for Yema and Matamba-Makanzi PSA in DRC awarded to CCGPI
15 June, 2007
Surestream today signed an agreement with the Chinese National Administration of Coal Geology (CCGPI) for the acquisition of 2D seismic data on the Yema and Matamba-Makanzi blocks. The survey is expected…
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Surestream established Dubai Office
05 June, 2007
Surestream Petroleum established its Operations Management office in United Arab Emirates under the Dubai Multi Commodities Free Zone Authority. This new office is a branch of Surestream Petroleum Limited, the holding…
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Glencore became a partner to Surestream's Yema and Matamba-Makanzi PSA in DRC
30 April, 2007
Today Surestream farmed-out 42% of its working interest in Yema and Matamba-Makanzi (YMM) PSA to Glencore Exploration (DRC) Limited. The Farm-out Agreement (FOA) was signed today in Glencore’s Offices in London by…
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Joint Operating Agreements signed with COHYDRO for Surestream's DRC PSAs
22 September, 2006
In accordance with the Production Sharing Agreements (PSA), Joint Operating Agreements (JOA) are finalized with la Congolaise des Hydrocarbures (COHYDRO). Surestream remained as the Operator of the blocks. Cohydro holds an…
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Surestream RDC Sarl formed in DRC
22 June, 2006
Today Surestream RDC Sarl formed as a wholly owned subsidiary of Surestream Petroleum Limited. The new subsidiary was formed as part of the PSA commitments to hold the interests and the…
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President of DRC endorsed Surestream’s PSAs
02 February, 2006
The President of DRC, HE Joseph Kabila, today signed the Presidential Decrees n°06/003 & 06/004. The issuance of these Decrees confirms the terms and conditions of the…
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