Company Overview
Madagascar Oil is an AIM listed company focused on the development of heavy oil and conventional oil & gas deposits in five onshore blocks in Madagascar. The Company has significant exploration and development rights for oil and gas in Madagascar, and in the last five years the Group's two principal fields, Tsimiroro and Bemolanga, have been shown to have multi-billion barrel resource volumes in place. Recent field tests and studies suggest that a large portion of the Company's Tsimiroro heavy oil assets have excellent potential for economic development.