Tank farm for sale
Oml 151 Oil Block.
Available and very closeable oil mining lease (OML) 151 for sale in nigeria. It's a producing wells. License is due for Renewal in the year "2036" Vendor: we undertake to outrightly sell our total 100% equity to a ready and able Buyer. Take note: that Signature Bonus have fully been paid. Vendor Price: $1.3b net (One Billion Three Hundred Million US dollars only). Take note: The procedures to follow for a successful closure is not Negotiable. Procedures; 1. An Loi to come with the following; a. Verifiable Bank Comfort Letter. B. Buyer's Company Profile or cis of Chaiman, or M/D. C. Acceptance offer of $1.3b by Buyer or Buyer's Lawyer. D. Agency Letter of 10% directly from the Buyer; I.e, Buyer to pay 10% commission to both side parties.. If Buyer is ready to comply with this demands; I. Buyer meet owner's Attorney with copy of pof. II. Buyer meet seller within 24hrs after verification of pof. NB: Buyer Responsible for logistics. Take note: Any loi written by an Agent other than the Buyer or his Attorney in regards to the above requirements will not be treated. Additional Information; 1. It is offshore. 2. Price is: $1.3B usd Net. 3. Geological Report is ready. 4. State of Location: Between Bayelsa and Akwa Ibom. (PSC Shallow waters). 5. Reserve volume: Gross 2P Oil Reserves 47:1 MMbl. Gross 2P Gas Reserves 209Bcf. Gross Prospective Reserves P50 2,791.7 MMboe. 6. Licence: Valid till 2036 before renewal. 7. Infrastructure including FPSOs, production platform, process facilities and pipelines. 8. The participation level of the government: PSC currently held by Operator. 9. All the levies are up to date. If there is anything outstanding, seller will offset upon conclusion of negotiation. 10. Data: other information would be made available by owner upon Buyer providing pof and during face to face negotiation.