The Morondava basin is located along the west coast of Madagascar and is a proven petroleum province with onshore discoveries of oil sands and subsurface heavy oil deposits exceeding 20 Billion barrels.
The offshore Morondava basin is considered to retain the same petroleum system that produced the onshore accumulations but extending into a deeper geologic setting will yield lighter oil discoveries. Offshore the Morondava Basin is largely under-developed with only five offshore exploration wells drilled since the 1970’s.
