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OML 130 (formerly OPL 246)

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Owner: Total

Shore Type: offshore

Block Rights: OML

OML 130, formerly OPL 246

Working Interests

CNOOC Group | 45.000%

*Total | 24.000%

Petrobras | 16.000%

South Atlantic Petroleum Ltd (SAPETRO) | 15.000%

Oil Fields

Field Name

-

-

Egina

-

-

Preowei

-

-

Akpo

-

-

Updates

OPL 246 Converted to OML 130

1st January, 2005

hexgear

Following successful appraisal drilling, the 50% of the OPL was converted to an Oil Mining Lease (OML) in 2005 to cover Akpo, Egina Main, Egina South and Preowei fields.

Source: http://www.sapetro.com/our-operations/nigeria/

Akpo

1st January, 2000

hexgear

Akpo deepwater oil and gas field was discovered off the coast of Port Harcourt, Nigeria in 2000. Other fields discovered include Egina Main, Egina South, Preowei and Kuro (which was suspended as a dry gas/minor oil discovery).

Source: http://www.sapetro.com/our-operations/nigeria/

Exploration Drilling Commences on OPL 246

1st January, 1999

hexgear

Exploration drilling commenced in 1999

Source: http://www.sapetro.com/our-operations/nigeria/

OPL 246 Awarded to SAPETRO

22nd February, 1998

hexgear

The Ministry of Petroleum Resources (MPR) awarded the Oil Prospecting License (OPL) 246 to South Atlantic (SAPETRO) on February 22, 1998 for 20 years. The block covers a total area of 2,590km˛ (1,000 sq. miles) and lies 120-160km due South of Port Harcourt, in water depths of about 1,100m – 1,800m.

SAPETRO has Miguel Guerrero, Joy Ikiebe and Guerrrero as directors with T.Y. Danjuma as chairman.

Source: http://www.sapetro.com/our-operations/nigeria/

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