$10,000,000
Nigeria OML109
Kariya Energy is seeking a partner to participate in a low-cost redevelopment project of the Ejulebe field targeting 4.7 MMbbls providing instantaneous cash flow.
OML 109 boasts an attractive exploration portfolio with a low-risk amplitude supported step-out opportunity in EJSW yielding incremental production to 14,000 bopd
Details
Asset Name
: Nigeria OML109
Ref
: AF-NIG-OML109
Continent
: Africa
Country
: Nigeria
Location
: Offshore
Project Phase
: Appraisal / Development
Latitude
: 5.4
Longitude
: 4.98
Operator
: Kariya Energy
Other partners
: None
Farmout company
: Kariya Energy
Mandated Agent
: Moyes & Co
Work Programmes
: Development
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