An Early Valentine

Cooperation with and from the Local Officials

Cooperation with and from the local officials has helped make the Equatorial Guinea play successful for U.S. independents.

"Equatorial Guinea has been an excellent fit for us," said Scott Griffiths, senior vice president of exploration for Ocean Energy. "The government is interested in attracting independents and we have enjoyed a beneficial relationship with officials. The county's policies have been attractive and provided the impetus for fast track developments, which are important to independent companies.

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Cooperation with and from the local officials has helped make the Equatorial Guinea play successful for U.S. independents.

"Equatorial Guinea has been an excellent fit for us," said Scott Griffiths, senior vice president of exploration for Ocean Energy. "The government is interested in attracting independents and we have enjoyed a beneficial relationship with officials. The county's policies have been attractive and provided the impetus for fast track developments, which are important to independent companies.

"The streamlined bureaucracy has been positive for both Equatorial Guinea and oil companies."

Brian Maxted of Amerada Hess agreed.

"The government has been extremely supportive of our activities and assisted us greatly with timely approvals of exploration and development plans. Officials are very fair to deal with and honor commitments. We have developed a strong relationship with key ministry officials and have their people in our office in Dallas.

"We want them to feel a part of the process," he said, "which makes decisions easier all along the way."

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