$10,000,000
Nigeria OPL 322
Dajo Group are seeking a partner for up to 40% operated working interest in highly prospective block with light oil.
There are discoveries from 3 exploration/appraisal wells proving:
Bobo Field – c.1429 MMboe in-place.
Combined Bobo and Aga structures – c.1,800 MMboe in-place remaining
Near term phased development path to production, significant Gas resources with high upside for Commercialisation
In place volumes allow development concept with regional production hub potential. Plateau production projected at 80 kbopd and 400 MMscfd (5-year oil plateau)
Details
Asset Name
: Nigeria OPL 322
Ref
: AF-NIG-OPL322
Continent
: Africa
Country
: Nigeria
Location
: Offshore
Project Phase
: Production
Latitude
: 4.6
Longitude
: 3.8
Operator
: Dajo Group
Other partners
: None
Farmout company
: Dajo Group
Mandated Agent
: none
Work Programmes
: Production
Back Costs
: Unknown
Equity Offered
: Unknown
Deal Status
: Open
FarmoutAngel Valuation
: $10,000,000 - $25,000,000
FarmoutAngel confidence
: Medium
Consideration Sought
: $10,000,000