The Saharawi Republic (SADR) has extended the closing date of the Second Licensing Offering to 31st March, 2009. The round was originally launched in Houston, Texas on 5 February, 2008, but the global financial crisis, and the recent plunge in oil prices have convinced the SADR authorities to delay the closing date for the offering.

A total of three onshore and six offshore blocks are being offered, totaling 192,569 square kilometers (48 million acres). Water depths in the offshore blocks range from 0 to 3,600 meters.

14 November 2008