Cove Energy Kenya and partner Anadarko Kenya have completed a farm-in deal, whereby Total E&P Kenya will acquire a 30% interest in five contiguous deepwater blocks located offshore Kenya.

Total also agreed to purchase Dynamic Global Advisers (DGA)’s entire interest in the L5, L7, L11A, L11B and L12 blocks, covering 7.5 million acres.

The transaction secured consent from the Kenyan Government to carry out the deal.

3D seismic surveys over two areas in the blocks will be completed in the coming months and the first exploration well will be drilled next year.

Cove, Anadarko and DGA will contribute 5%, 20% and 5%, respectively, to the farm-out agreement.