Oilexco was awarded a 75% working interest in Blocks 15/24c and 15/25f in February 2007 in the 24th Licensing Round. Oilexco and its partner have committed to re-process 100 square kilometres of existing seismic data. A contingent well into the Paleocene could be drilled within the next four years based on the seismic work.

This prospect is situated within a Paleocene channel complex that is mappable on seismic. This channel complex anomaly sprawls across the eastern portion of Block 15/24c into Block 15/25f near the 15/25-4 well. The 15/25-4 well appears to be drilled on the edge of the channel complex and contains clean, fine-grained sandstone. Oil may be stratigraphically trapped within portions of this channel complex.