Madagascar Oil Limited, together with its subsidiaries, explores for and produces oil and gas in Madagascar. It focuses on the development of the Tsimiroro heavy oil deposit, which covers an area of 6,670 square kilometers. The company also holds 100% interests in the conventional oil blocks, including West Manambolo, Morondava, and Manandaza exploration blocks that cover an area of 17,400 square kilometers; and a 40% interest in the Bemolanga block covering an area of approximately 5,463 square kilometers located in the Morondava basin. Madagascar Oil Limited was founded in 2004 and is headquartered in Antananarivo, Madagascar.