will there be other interested parties. for FAR ????
early NIGERIA plays in this report of old
Source: Petroconsultants, Feb. 1995
The country's main foreign operators, led by Shell, are interested in these blocks and intend to bid for them as soon as the government puts out a tender. They include structures beneath deep and ultra-deep waters. Shell has discovered over 1.5 bn barrels of oil in deep blocks which may be related to diapirs in front of the delta slope.
In 1993/94, foreign companies had acquired 13 deep blocks. Shell took two, OPL OPL Open Publication License
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OPL Open Public License 212 and 219 as operator. Shell also got equity in three other blocks, OPL 209, 211 and 316 - with Agip operating in OPL 316. Elf elf, in Germanic mythology, a type of fairy. Usually represented as tiny people, elves are said to dwell in forests, in the sea, and in the air. Although they can be friendly to man, they are more frequently vengeful and mischievous. became operator in OPL 222, 223 and 309. Mobil took two blocks and got Amoco as a partner in one, OPL 221. A Statoil/BP partnership got four blocks. Other companies taking deep-water tracts included Exxon and Conoco, both having come to Nigeria for the first time. Among those farming into some of the blocks were Texaco and Total.
link for more detail etc etc.
http://www.thefreelibrary.com/NIGERIA+-+Exploration.-a055322557
wg
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